Yield Curve Is Tilting Toward Miniboom
What's a yield curve and why is it so important? Well, the curve itself measures Treasury interest rates, by maturity, from 91-day T-bills all the way out to 30-year bonds. It's the difference between the long rates and the short rates that tells a key story about the future of the economy. When the curve is wide and upward sloping, as it is today, it tells us that the economic future is good. When the curve is upside down, or inverted, with short rates above long rates, it tells us that something is amiss — such as a credit crunch...
Original Article: Forum: News/Activism
Tags: 30 Year Bonds, Credit Crunch, Economy, Interest Rates, Maturity, T Bills, Treasury, Yield Curve