Central Banks Sending Worrisome Signals About the Economy
The Breakdown
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Introduction
The yield curve is a plot of all the interest rates of sovereign bonds based on their maturation. The fed announced earlier this week that they are going ahead with their taper of the 120 billion dollar bond buying program. Many think inflation will force their hand faster, compelling them to more quickly unwind bond buying and even get into interest rate hikes early than they say they want to.
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Transcript
