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The 1969 US downturn can tell a lot about a key recession signal that's been flashing yellow Getty Images / Mario Tama The US yield curve has been flattening over recent months. Risk of inversion, a key recession signal, rises as the curve flattens. The 1969-70 recession can offer us a look at what today's yield curve movements might mean. The persistent flattening of the U.S. yield curve has investors scratching their heads–and searching for historical parallels. The recession of 1969-70 is one worth considering. A closer look at the late 1960s reveals some parallels with today’s U...
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