What is the significance of US Yield Curve? Does an Inverted Yield Curve signifies coming in of Recession?

owntheworld
US Yield Curve inverted last week and investors are seen taking refuge in safe heaven assets including Gold. Gold prices have zoomed and Emerging Market Currencies have become week. What does the coming future hold for China , India or Brazil?
What is the significance of US Yield Curve? Does an Inverted Yield Curve signifies coming in of Recession?
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