Are bond yields signalling recession?

On BIV Today... The recent shift in bond yields, in which long-term bonds were at a lower rate than short-term bonds, is a phenomenon that often signals a recession in six to 18 months. The chief economist of RBC Global Asset Management, Eric Lascelles, joins BIV editor-in-chief Kirk LaPointe to discuss the economic signs and possible implications. See moer at https://biv.com/See omnystudio.com/listener for privacy information.