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The melody of a yield curve
FT News Briefing
The Yield Curve Is the Next Best to a Crystal Ball
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The yield curve is the next best to a crystal ball, says f t's capital markets correspondent tommy stubbington. It tells you about prospects for growth and for inflation over different periods of time. What it means is the yilcove effectively adds up to a sort of ive device for where all o those things are going to be over different periods. In terms of how this translates into music, a lower interest rate will be a lower note, and a higher interest rate will a higher note.
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