Concerns over recession grow in South Korea due to inverted yield curve

Seoul [South Korea], September 22 (ANI/Global Economic): Short-term interest rates have recently risen above long-term interest rates for the first time since the 2008 financial crisis.

The short-term 3-year interest rates once increased higher than long-term 10-year government bond rates. Regarding this, concerns over a recession is growing in the financial market.

In general, the yield curve inversion can be interpreted