TD’s yield curve model shows 55% chance of a U.S. recession
The longest-ever U.S. economic
expansion is at risk with a 55% chance it may slip into a
recession within 12 months due to trade tensions and softening
global growth, TD Securities analysts said on Wednesday, based
on their model of the U.S. yield curve.
expansion is at risk with a 55% chance it may slip into a
recession within 12 months due to trade tensions and softening
global growth, TD Securities analysts said on Wednesday, based
on their model of the U.S. yield curve.
Posted by Reuters