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JPMorgan's Kolanovic says U.S. recession is unlikely, even as bond market flashes warning signals

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The shorter-dated 5-year Treasury yield on Monday briefly rose above that of the longer-dated 30-year U.S. government bond for the first time since 2006.

 

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Like the crab in the pot saying the water isn’t getting hotter

It will be interesting to see how well this ages. How in the world will be avoid recession when consumer spending is dominated by life necessities? Food, fuel and shelter?

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