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Home Politics

What the Bond Market Is Telling Us About the Biden Economy

admin by admin
February 23, 2021
Reading Time:2min read
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What the Bond Market Is Telling Us About the Biden Economy


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What is happening is known as a “steepening of the yield curve,” with long-term rates rising as short-term rates hold still. It tends to presage faster economic growth; it is the opposite of a “yield curve inversion,” which is known as a harbinger of recessions.

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