| Inverted Yield Curve |
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Usually
a chart showing long-term debt instruments that have lower yields
than short-term debt instruments. It is sometimes referred to as a
negative yield curve.
Partial
inversion is when only some of the short term treasury's (5 or 10
years) have yields higher than the 30 year.
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History
has dictated that inversions of the yield curve have preceded the
last five U.S. recessions. The yield curve can accurately forecast
the turning points of the business cycle. |
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