June 12, 2017 / 4:23 PM / a month ago

Deutsche Bank sees low chance of U.S. recession in next 12 months

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NEW YORK, June 12 (Reuters) - Chances are remote the U.S. economy will fall into a recession in the next 12 months despite a recent flattening of the U.S. yield curve suggesting growing recession risk, Deutsche Bank's economists said on Monday.

Based on other bond market indicators, they estimated the probability of a U.S. recession from now to June 2018 at less than 10 percent. (Reporting by Richard Leong; Editing by Chizu Nomiyama)

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