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.
Dec
02
2022
“INVERTED” Is Such A Scary-Sounding Word!
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