Inverted yield curve happens when short-term rates are higher than long-term interest
“All our times have come / Here, but now they’re gone / Seasons don’t fear the reaper”
On December 5, 1996, Greenspan made a similar warning about “irrational exuberance” in stock prices.
The bond market has an enormous impact on economic growth
Federal Funds Rate the rate the Federal Reserve uses to try an influence the cost of short-term borrowing in the United States.
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