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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (10962)	12/5/1997 6:35:00 PM
From: Lazarus_Long	Read Replies (3) of 94695

<< Have you ever seen such a narrow spread between one month and 30 years? >> Yeah, but not in a while. The long-term rate can actually be less that the short-term rate. It's called an inverted yeild curve and is generally regarded as TROUBLE. I believe (but I'm not sure and don't have references here) that the last time this happened was back in the '70s.

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