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Finding Growth with Cathie Wood
FYI - For Your Innovation
The History of Yield Curves
When we've moved into crises, we've seen monetary and fiscal authorities ease quite significantly. The yield curve has often steepened to the 250 to 300 basis point range. So i was surprised, as we looked back, to see that the yield curve steepened only to a hundred and 50 basis points,. What does that mean? I think it confirms that the bond market, in its wisdom, was beginning to worry about deflationary undercurrents.
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