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Why has the inverted yield curve failed? A fundamentals-based explanation

Summary:
[unable to retrieve full-text content]– by New Deal democrat Prof. Menzie Chinn at Econbrowser, like me, is an Old School blogger, and like me, is focused on forecasting.  Yesterday he wrote a piece about supplementing the yield curve with a second condition, the private nonfinancial debt service ratio. Basically, what percent of income is needed to service debt. Doing […] The post Why has the inverted yield curve failed? A fundamentals-based explanation appeared first on Angry Bear.

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[unable to retrieve full-text content]

– by New Deal democrat Prof. Menzie Chinn at Econbrowser, like me, is an Old School blogger, and like me, is focused on forecasting.  Yesterday he wrote a piece about supplementing the yield curve with a second condition, the private nonfinancial debt service ratio. Basically, what percent of income is needed to service debt. Doing […]

The post Why has the inverted yield curve failed? A fundamentals-based explanation appeared first on Angry Bear.

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