The yield curve inverted in June 2022, and as we all know, the recession never came. When it flipped positive in 2024, ...
I still remember back in 2006, when the curve inverted ahead of the financial crisis. Hardly anyone outside of bankers, economists, hardcore investors and bond traders knew what it meant. But by 2008, ...
The US Treasury yield curve is steepening, driven by expectations of short-term rate cuts and persistent long-term inflation. This article discusses the current steepener and examines the rationale, ...
In my 50-plus years of running money, I’ve noticed that the biggest market moves come from factors that have gone unnoticed – and right now, there’s a doozy lurking under the table. Amid all the ...
Discover how biased expectations theory impacts interest rates by incorporating investor preferences and risks, beyond just future rate predictions.