the rennie landscape - Q3 2019

rates

INVERSIONS, RECESSIONS, AND PROGNOSTICATOR TRANSGRESSIONS

5.00%

4.00%

3.00%

2.00%

1.00%

0.00%

-0.16%

-1.00%

-2.00%

-3.00%

-4.00%

YIELD CURVE YR MINUS MO YIELDS

RECESSION

SOURCE: BANK OF CANADA

rennie.com

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