Why U.S. Bond Yields Are at Record Lows

The video discusses the current state of US bond yields, traditionally seen as recession indicators, and how global factors, particularly from Europe and Japan, are influencing them. It explains the yield curve, its flattening, and potential inversion, which are critical signals for economic downturns. The discussion also covers the probability of a recession, influenced by global economic challenges like Brexit and fragile banking systems, particularly in Europe.

What role does the jobs report play in assessing the likelihood of a recession?

How might Brexit and European banking issues impact the US economy according to the discussion?