What is the Yield Curve and what can it tell us about future economic growth, expected inflation, and the potential for a recession?
The yield curve is a graphical representation of interest rates for bonds of varying maturities at a specific point in time. Commonly associated with U.S. Treasury securities, the yield curve plots short-term, intermediate, and long-term interest rates. Its shape provides critical insights into market expectations for economic growth, inflation, and the potential for a recession. Over the past four decades,...
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