Bloomberg Daybreak: Europe Edition cover image

Food Prices Fall & Goldman's Yield Curve View

Bloomberg Daybreak: Europe Edition

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The Inversion of the 10-Year Yield Curve

In previous recessions, an inversion of the yield curve has always come before a recession. But Hatias thinks that this time is going to be different and we'll have a soft landing. The idea that inflation will keep coming down and slower growth is what's going to drive that helps explain why 10-year yields are much lower than short-term yields.

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