The scare of a recession calls for exactly what Trump can’t provide
PREVIOUSLY OBSCURE to all but market mavens, the relationship between interest rates on long-term government debt instruments and short-term ones took center stage in American life last week. Bond markets experienced an “inverted” yield curve, in which short-term debt pays higher interest than …
Read more on washingtonpost.com
Victor Moruzzi flipped this story into 2020•1675d