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#1
21-08-2019, 07:50 PM
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Straits Times Economics Associate Editor failed O levels Economics ah?
An honorable member of the Coffee Shop Has Just Posted the Following:
Straits Times Economics Associate Editor failed O levels Economics ah? How can he say that "yield on the two-year US Treasury bond fell below that on the 10-year bond, resulting in an inversion of that part of the yield curve". This contradicts common economic knowledge: "The yield curve describes the yields on different maturities of US government debt, and its inversion — when rates on long-term bonds fall below those on short-term debt — has been a reliable indicator of recessions in... Straits Times Economics Associate Editor failed O levels Economics ah? Click here to view the whole thread at www.sammyboy.com. 
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