Yield Curve Explained: Shapes, Forces, and Inversion
A plain-English guide to the Treasury yield curve: what it is, the four shapes, why it can invert, and what each shape says about the economy.
A plain-English guide to the Treasury yield curve: what it is, the four shapes, why it can invert, and what each shape says about the economy.
Understand the yield curve, what causes inversions, and why they have preceded every U.S. recession since 1955. Includes today’s snapshot.
Learn how the yield curve works, why it inverts, and what historical inversions have meant for the US economy — with verified current Treasury yield data from the Federal Reserve.