Are we heading for a soft landing or stagflation?

This week, IG Wealth Management’s Assistant Vice-President, Investment Strategy Ashish Utarid explains how the markets are reacting to long-term bond yields outpacing short-term yields. While this situation often foreshadows a recession (as do higher-for-longer interest rates), other economic data — such as the strong labour market, tamed inflation and improving manufacturing — suggest a soft landing.