
#30 Steven Hail: Understanding Government Bonds (Part 1)
The MMT Podcast with Patricia Pino & Christian Reilly
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Understanding the Yield Curve Inversion
This chapter explores the yield curve, particularly the recent inversion in US Treasury securities, and explains the relationship between short and long-term interest rates. It contextualizes the phenomenon with examples from other countries, illustrating its implications for economic trends and recession indicators.
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