TSX:AX.PR.E - Post by User
Post by
Torontojayon Sep 04, 2024 10:04pm
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Post# 36209179
Yield curve uninverted today
Yield curve uninverted today That's an ominous sign that I've been warning about. Also known as the bull steepener. Typically what happens is the unemployment rate continues to spike which is what steepens and normalizes the yield curve. For over 2 years it was cheaper to borrow long than it was to borrow short. Tomorrow will be a critical moment to determine if this trend continues.