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When the yield curve is downward-sloping A the inflation rate is expected to rise. B long-term yields are higher than short-term yields. C short-term yields
When the yield curve is downward-sloping
A | the inflation rate is expected to rise. | |
B | long-term yields are higher than short-term yields. | |
C | short-term yields are higher than long-term yields. | |
D | the bond market is anticipating the U.S. Treasury may default on its obligations. |
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