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Recently, the 10-year yield fell below 2-year yield indicating an inverted yield curve. It is the first time since 2007. Please (1) briefly explain what
Recently, the 10-year yield fell below 2-year yield indicating an inverted yield curve. It is the first time since 2007.
Please (1) briefly explain what an inverted yield curve and (2) discuss if it means that a recession is imminent.
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