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What’s the Deal With That Inverted Yield Curve? A Sports Analogy Might Help

August 15 2019

A bet by investors that the future will be worse than the present. The financial world has been atwitter about the inversion of the yield curve. It is a phenomenon in the bond market in which longer-term interest rates fall below shorter-term interest rates, and has historically been a warning sign that a recession could be on the way.

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