Why are markets spooked by a flattening U.S. Treasury yield curve?

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In the latest update:

  • Market sell-off accelerates over U.S.-China uncertainty
  • Narrowing yield curve sparks recession concerns
  • U.S. November employment report released: Could it impact the Fed’s rate-hike plans?

Any opinion expressed is that of Russell Investments, is not a statement of fact, is subject to change and does not constitute investment advice.