All Roads Lead To Higher Inflation and Hard Landing - Ep 875
The Peter Schiff Show Podcast
00:00
The Inverted Yield Curve Is the Most Reliable Recession Indicator
The 30 year yield went from 3.94% at the close of last week to 3.88% for the close of this week. An inverted yield curve is the most reliable recession indicator that we have and it is flashing red. The yield on a 30 year fixed rate mortgage is now back above 7%. This is going to further complicate the problems that are already developing in the housing market.
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