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To: TGPTNDR who wrote (32592)3/21/2001 8:08:26 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
TGPTNDR:

Thanks for the overview...My basic concern is that the fed rate is an economic lever and that inverted yield curves should be avoided if possible...Historically, a strong case can be made that protracted inverted yield curves are a dangerous tool...My view is that we are at that danger point...

I agree with your cogent response...I just think that we disagree on what term is appropriate for an inverted yield curve!!!