Recession is coming: the inverted yield curve and what it means

An inversion in the yield curve is one of the most respected predictors of a forthcoming recession - the last time it occurred was in 2006. Now the yield curve has inverted again; what does this mean for your portfolio?

NAB's fixed income guru Mark Todd talks to Gemma Dale about how a yield curve normally works and explains:

• The likelihood of a recession based on this indicator
• The difference between correlation and causation
• Why fixed income markets are showing signs of caution, and
• How to prepare if bond markets are right this time.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

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