
Behind The Markets Podcast: James Bullard
Behind the Markets Podcast
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Are You Worried When You See an Inverted Yield Curve?
James Carville: I get real worried when I see an inverted yield curve. He says part of the inversion right now is a nominal inversion where markets are expecting inflation near term, but they're not expecting inflation medium term. But there is also some real inversion that suggests normal properties of the inverted yield curve would also be operative here., he adds.
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