No Sign of Recession Fears in Fixed-Income Markets

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The Street

By Erik Norland, CME Group When it comes to looking toward the future of the economy, the two best fixed-income-based indicators are the yield curve and credit spreads. So what are they saying right now about the potential for a recession? The word recession is popping up with increasing frequency in the news and internet searches. Google Trends shows that searches for the word have risen 25-fold over the past six months, as a June 20 YouGov poll showed that 58% of Americans felt that the economy was already in a recession. Only 19% disagreed. Indeed, with prices rising 9.1% year-over-year and…

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