Not all yield curves are created equal. Here’s the one Bank of America says to watch most closely for signs of the next recession.

• Strategists at the Bank of America Merrill Lynch argue that the slope at the front end of the yield curve is the most important area to watch.
• They say this is because it does a solid job of indicating future GDP growth.

Source: Not all yield curves are created equal. Here’s the one Bank of America says to watch most closely for signs of the next recession.