One of the key indicators I look at when evaluating economic and market risks is the yield curve, which is a fancy name for how interest rates for different time periods vary. You would expect the rate an investor needs for a 10-year loan, for example, to be different from what she needs for a 3-month—or 30-year—loan. And, by and large, that is the case. Exactly how different the rates are, however, can change quite a bit, and those changes can tell us a lot about the economy.
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