{"id":17723,"date":"2018-12-04T14:10:46","date_gmt":"2018-12-04T22:10:46","guid":{"rendered":"https:\/\/associatednews.info\/content\/behind-the-curve\/"},"modified":"2018-12-04T14:10:46","modified_gmt":"2018-12-04T22:10:46","slug":"behind-the-curve","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/behind-the-curve\/","title":{"rendered":"Behind The Curve"},"content":{"rendered":"

By Stacey Vanek Smith<\/a><\/span> <\/p>\n

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NPR<\/p>\n

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Yesterday, a part of the yield curve inverted. The interest rate on 5-year treasuries fell slightly below the interest rate on three-year treasuries. This has spooked some people, because an inversion in the yield curve is sometimes regarded as the harbinger of a recession.<\/p>\n

So, are we headed for a recession?<\/p>\n

Campbell Harvey says no. He’s a finance professor at Duke, and the man who first demonstrated that the yield curve can act as a recession predictor. Today on the Indicator, he tells us why there’s no need to panic about a recession \u2014 or at least not yet.<\/p>\n

Music by <\/em>Drop Electric<\/em><\/a>. Find us: <\/em>Twitter<\/em><\/a>\/ <\/em>Facebook<\/em><\/a>.<\/em><\/p>\n

Subscribe to our show on<\/em> Apple Podcasts<\/em><\/a>, <\/em>PocketCasts<\/em><\/a> and <\/em>NPR One<\/em><\/a>.<\/em><\/p>\n

Let’s block ads!<\/a><\/strong> (Why?)<\/a><\/p>\n

Source:: https:\/\/www.npr.org\/sections\/money\/2018\/12\/04\/673429096\/behind-the-curve?utm_medium=RSS&utm_campaign=business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\"yield<\/a><\/div>\n
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\n Enlarge this image<\/a>\n <\/div>\n<\/div>\n
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NPR<\/p>\n

<\/span>\n<\/div>\n<\/p><\/div>\n

<\/p>\n

Yesterday, a part of the yield curve inverted. The interest rate on 5-year treasuries fell slightly below the interest rate on three-year treasuries. This has spooked some people, because an inversion in the yield curve is sometimes regarded as the harbinger of a recession.<\/p>\n

So, are we headed for a recession?<\/p>\n

Campbell Harvey says no. He’s a finance professor at Duke, and the man who first demonstrated that the yield curve can act as a recession predictor. Today on the Indicator, he tells us why there’s no need to panic about a recession \u2014 or at least not yet.<\/p>\n

Music by <\/em>Drop Electric<\/em><\/a>. Find us: <\/em>Twitter<\/em><\/a>\/ <\/em>Facebook<\/em><\/a>.<\/em><\/p>\n

Subscribe to our show on<\/em> Apple Podcasts<\/em><\/a>, <\/em>PocketCasts<\/em><\/a> and <\/em>NPR One<\/em><\/a>.<\/em><\/p>\n

Let’s block ads!<\/a><\/strong> (Why?)<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-17723","post","type-post","status-publish","format-standard","hentry","category-business-2"],"_links":{"self":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/17723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/comments?post=17723"}],"version-history":[{"count":0,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/17723\/revisions"}],"wp:attachment":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media?parent=17723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/categories?post=17723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/tags?post=17723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}