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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Oblomov who wrote (74799)1/28/2000 8:38:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
AA, I don't think there is an official definition of an inverted yield curve, though yours would definitely have to be considered inverted by any standard. I consider it an actually inverted yield curve when any Treasury security out yields the 30 year bond. I consider it dangerously inverted when T-Bills out yield the 30 year, and we are not even close on that count.

Right now we have an oddball curve where every T-Note out yields the bond, and the 5 year out yields the 10 year. That may not be inverted in the classic sense, but it sure looks scary to me, at least temporarily.