
How much higher can bond yields go?
Goldman Sachs Exchanges
The Inversion of the Yield Curve
The yield curve is inverted, meaning short-term bonds have much higher yields than say a 10-year bond. The data we've gotten more recently suggests that recession is not as likely as many people believe just a few months ago. Investors are very firmly wedded to this low, long-run rate of the state of the world.
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