Okay but hold up a key part of this hypothesis has always been that the yield curve inversation is positively correlated with a financial recession; I think it’s hard to argue what’s coming is a financial recession
Bond traders have godlike omniscience and we should fear their powerhttps://twitter.com/carlquintanilla/status/1239720900905312256 …
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historically inversions have just predicted recessions generically as defined by NBER, i.e. "a significant decline in economic activity spread across the economy, lasting more than a few months" and i definitely think we're in for that, COVID-19 is a true exogenous demand shock
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