I am looking at the US yield curve as I write this note and I see the 10-year yield is just one-tenth of a basis point above the 3-month yield. And the curve is completely inverted from 6 months to 3 years. Should we be worried? The short answer is no. What follows below is the longer answer, in whi...
Edward Harrison considers the following as important: Daily, economic data, Federal Reserve, Interest rates, jobs, Political Economy
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