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A steep yield curve implies that: A. a recession is brewing. B. investors are sensing and hoping for a continued recovery. C. long-term rates are

A steep yield curve implies that:

  • A. a recession is brewing.
  • B. investors are sensing and hoping for a continued recovery.
  • C. long-term rates are lower than short-term rates.
  • D. None of the above statements is correct.

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