it’s a hard hat to put on until the curve is inverted
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These are driving my insane; I wish people would just tweet it out rather than inane polls. The yield curve inversion can be explained in like 280 characters!
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“Bond yields are expected to increase the longer the timeframe because, all else equal, the economy is expected to grow -so the curve ‘goes up’ over time; when the curve goes down it means the bond market expects growth to flatten or decline over time -as in a recession”
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