Yield curve inversion – we know what that portends, or do we?
4 September 2019
David Jane, manager of Miton’s multi asset fund range, questions what a yield curve inversion means in a world with QE. It’s become an obsession in financial markets recently to talk about yield curve inversions and the predictive power of forecasting future recessions. However, with the bond market as distorted as it is by ultra-low...