GBP/USD keeps highs near 1.4540 ahead of Yellen

The sterling remains on a firm note on Wednesday, pushing GBP/USD to session highs well beyond the 1.4500 handle...
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Yield curve: Still a good recession predictor? - SocGen

Research Team at Societe Generale, suggests that given the yield curve’s many distortions, a question arises whether it is still a useful recession indicator.
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