Question: An inverted yield curve is an indication that ________. a. long-term yields and interest rates are higher than short-term rates b. the economy is in
An inverted yield curve is an indication that ________.
a. long-term yields and interest rates are higher than short-term rates
b. the economy is in the process of a significant recovery
c. short-term yields and interest rates are higher than long-term rates
d. the yields to maturity on all bonds are less than market interest rates
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