Summary
NEW YORK - The yield curve turned upside down in late December, leading some financial experts to suggest that consumers need to re- evaluate their saving and borrowing strategies in the new year.
Normally, long-term interest rates are higher than short-term rates because it's hard to predict what will happen in the future. On Dec. 27, for the first time in five years, the yield curve "inverted" when the rate on 10-year Treasury securities dipped below the rate on two-year Treasury securities.See the full content of this document
Extract
Yield-Curve Inversion Will Affect Consumers
This has obvious implications for people who invest in Treasuries. They have to be asking, "Why should I ti...
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