When speaking to the Bank's clients, the chief U.S. equity strategist at Credit Suisse said the following:
"Historically, an inverted yield curve has been accompanied by a variety of other ominous economic signals including layoffs and credit deterioration. There is no historical precedent when yield curve inversion, in the absence of corroboration from other signals, has led to a downturn."
Discuss and comment on the above statement base on your understanding of bonds.