What is Yield curve?
Money & central banksA line of bond yields from short to long maturities. When short-term yields are above long-term ones (inverted), a US recession has often followed.
Think of it like: A weather forecast drawn by the bond market.
Real example: The US 2-year yield rose above the 10-year in July 2022 and stayed above until September 2024, the longest inversion on record.
Lesson: The yield curve Practise it now: Carry Trade Caravan