Forbes: Recession Signals From The Bond Market, A Phantom Menace

By SIMON CONSTABLE

Some economists have caught a case of recession jitters all because of what is happening to the so-called yield curve.

But the case for an economic slowdown based on interest rates is flawed, new research shows. That's in part because the Federal Reserve is largely responsible for changes in the yield curve and at the same time, the Fed no longer has the power to shock the markets with its actions. Read more here.