garynargi

The Yield Curve and Our Weakened Economy

In Uncategorized on September 1, 2014 at 3:37 am
The Yield Curve and Our Weakened Economy
It’s difficult to envisage a downward-sloping yield curve in an unhampered market economy since this would imply that investors are assigning a higher risk to short-term maturities than long-term maturities. But in today’s economy, an upward- or a downward-sloping yield curve reflects the Fed’s interest rate policies.
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