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Recession indicator may mean a price decline not a downturn




  Janet Yellen, former head of the US Federal Reserve, listens during a Brookings Institution discussion in Washington, D.C., USA, Wednesday, September 12, 2018.

Zach Gibson | Bloomberg | Getty Images

Janet Yellen, former head of the US Federal Reserve, listens during a Brookings Institution discussion in Washington, DC, USA, Wednesday, September 12, 2018.

HONG KONG – Janet Yellen, the former chair of the Federal Reserve , said Monday that the recent release of a recession indicator in US bond markets could signal the need for a price fluctuation and not a prolonged economic downturn.



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