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Essay heading: Yield Curve
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Business |
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| Date added: |
June 27, 2000 |
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| No of pages / words: |
1 / 271 |
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Bach. "I have not come to the conclusion we are headed for a recession, but I am a little worried."
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But government officials, including Treasury Secretary John Snow and former Federal Reserve Chairman Alan Greenspan, have insisted that the inversion now reflects boisterous global appetite for U.S. assets, rather than deteriorating U.S. economic fundamentals.
New Fed chief Ben Bernanke attributes the inversion to a global savings glut that has sent unprecedented flows of capital from all over the world to U...
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