Yield Curve: Signs of Big Economic Slowdown? (CNN article)
Posted: Thu 14 Jul 2005, 10:23:59
I'll admit I don't really understand this yield curve business. Any economists out there care to give me a "yield curve for dummies" lesson? Does this mean it's bad to invest in bonds? Where would the best investments be for this scenario?
Old conundrum, new twist
Inverted or flat, the yield curve points to a weaker Federal Reserve, not a downturn.
July 14, 2005: 7:10 AM EDT
By Katie Benner, CNN/Money staff writer
NEW YORK (CNN/Money) - When bond yields compete with Martha Stewart and Bernie Ebbers for headlines, they usually lose. But recently they've gotten attention by behaving in a way that has sparked fears of a big economic slowdown.
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