The Curse of The Curve

The Curse of The Curve

Tempo

December 18, 2018

Most likely, there would not be a big bang of crisis. However, there are strong signals that the world economy is being dragged into a recession in 2019. One of the parameters is the yield curve. The global market benchmark for it is naturally the yield curve for United States government bonds.

The yield curve is supposed to climb rapidly before curving into a smooth gradual rise from left to right, illustrating an ideal situation where lon

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