Tag Archives: inverted yield curve and recession

Is The Shape Of The U.S. Treasury Yield Curve Warning That A Recession May Be Imminent?

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Back in the 1980’s when working as a municipal bond analyst, I would keep investors informed about the shape of the tax-free yield curve! If the yield curve was positive and steep, or in other words a significant difference between short and long-term yields, then investors would be getting compensated for taking on the additional […]