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Dec 02 2022

“INVERTED” Is Such A Scary-Sounding Word!

  • Dec 2, 2022

The yield curve (i.e., the 10-year bond yield less the 3-month bill yield) finally “INVERTED” in late October, raising significant fear among investors. It is a scary-sounding word. Consider some of its synonyms: upended, capsized, backward, upset, confused, disordered, jumbled, haywire, and wrong-side-up.


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About The Author

James Paulsen / Chief Investment Strategist

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