What happens in North Dakota when the yield curve inverts? The answer is not at all clear from a first look.
Yield Curve Inversion and North Dakota
Yield Curve Issues
I am getting back to my monetary economics roots with this post. Bloomberg has a really interesting piece (found here). One well known forecasting tool or leading indicator known to the public at-large is the inverted yield curve. After an inversion the economy goes into recession within a few quarters, or so the story goes.