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First Trust ROI Podcast

Ep 2 - Bill Housey - Is the Inverted Yield Curve a Broken Signal or Is a Recession Still Coming? And What Does that Mean For Fixed Income? - ROI Podcast

Aug 10, 2023
28:40

Historically, an inverted yield curve has often preceded economic recessions, and many investment professionals view the current inversion as a troubling sign for what may lie ahead for the US economy.  However, the 10-year US Treasury yield has been lower than the 2-year US Treasury yield for over a year, and a recession has (apparently) not yet begun.  In this episode of the ROI podcast, Ryan and Bill Housey discuss:

  • Is the inverted US Treasury yield curve a broken signal today or is a recession still coming?

  • Are investors too optimistic about “soft landing” (or “no landing”) scenarios for the US economy?

  • What’s lies ahead for Fed policy?

  • How should investment professionals think about risk and positioning fixed income portfolios for what lies ahead?

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