2min chapter

Forward Guidance cover image

Wave of U.S. Treasury Issuance Puts Pressure On Bond Market | Prometheus Macro

Forward Guidance

CHAPTER

Net Interest Expense and the Sustainability of an Inverted Yield Curve

Exploring the implications of net interest expense in the private sector, relating it to an inverted yield curve and questioning its sustainability. Discussing borrowing at low interest rates and the high nominal cash pool in the economy.

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