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Axios
Axios
Business

Markets and economists are both increasingly certain of recession

Recession
Data: Factset; Chart: Erin Davis/Axios Visuals

Economists and market indicators seem increasingly certain that the U.S. is either already in a cyclical downturn, or soon will be.

Driving the news: Perhaps the most-watched market indicator for predicting recessions — a so-called inversion of the yield curve between 3-month and 10-year Treasuries — is now near at hand.

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