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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Stratmann who wrote (7487)3/17/2000 9:48:00 AM
From: The Duke of URLĀ©  Respond to of 18137
 
Short take:

Negative Yield Curve occurs when short term interest rates exceed long term interest rates. Supposed to signal the onslaught of a recession. Historically true, but in his case it may be that the major borrower of long term debt, the government, has slowed down its borrowing. Its murder for Banks that have to borrow short term and lend long term. They don't like it at all. That's why you hear so much about it. Nobody else cares.