NPR

This Recession Indicator Has Wall Street Worried

Some traders on Wall Street are getting anxious about an economic statistic with a good track record of predicting recessions.

The so-called “yield curve” is the difference between interest rates on short-term and long-term government bonds, and right now that figure is lower than it has been since 2007, when the country was on the cusp of its worst recession in decades.

Here & Now‘s Meghna Chakrabarti speaks with Derek Thompson (@DKThomp), senior editor at The Atlantic.

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

Support comes from

KNPR and NPR Thank-You Gifts including t-shirts hoodies and cap