(Harvest) The persistent flattening of the U.S. yield curve has investors scratching their heads–and searching for historical parallels. The recession of 1969-70 is one worth considering. A closer look at the late 1960s reveals some parallels with today’s U.S. economic backdrop, as we write in our Fixed income strategy piece Summer of ‘69.
What 1969 Can Teach Us About Today’s Flat Yield Curve
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