YIELD CURVE STILL STEEP! (click on image to enlarge)
Wow! Short rates up, long rates down and the yield curve is still very positive! The long bond current yield is 1.3 times the five year yield. The economy is slowing a little while stocks are remaining much more attractive than bonds! Very unusual! Very interesting! Very profitable!
Friday, December 24, 2004
YIELD CURVE STILL STEEP!
Posted by Jack Miller at 12/24/2004 01:40:00 AM
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