Question
Write a short essay on the following topic, and then upload your document to this assignment page. First, define the yield curve. Then, do some
Write a short essay on the following topic, and then upload your document to this assignment page.
First, define the yield curve. Then, do some research and determine the current state of the yield curve, and how it has changed recently. Here is a good resource for tracking the yield curve:
Treasury Yields Interest Rate Statistics | U.S. Department of the Treasury
Is it flattening, becoming inverted, or steepening? Discuss what economic forces might be leading to the recent changes in the yield curve, and what these changes might mean for the near-term future of the economy.
The term, "short essay" needs to be interpreted in the context of what you consider a complete, but efficient, narrative. Some essays can accomplish this is a couple of paragraphs, some in longer essays, a full page or more. This is a judgment you need to make.
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