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Your friend Jacob is looking at a steep yield curve and makes an attempt to understand the implications using segmented market theory. He says more

Your friend Jacob is looking at a steep yield curve and makes an attempt to understand the implications using segmented market theory. He says more information will be needed to make economic predictions, as this type of yield curve could be either good news or bad news. Are his comments about this yield curve, using segmented market theory, true or false? True False

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