What does the inverted bond-yield curve mean for the next decade of in-house corporate counsel practice?

Yields on long-term bonds are drifting lower than those on short-term bonds. In other words, investors are betting that, in the future, interest rates will stay depressed on account of a sluggish economy. This means that investors are less bullish on the future than they are on the present – and in the past, this has been a pretty good leading indicator of a recession. So what – if anything – does this situation mean for in-house lawyers, or firm lawyers who are thinking about making the move in-house in the near future?

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