Explaining the Yield Curve

Part of my daily routine is to briefly look at CNBC in the morning and get a sense of such things as foreign markets, domestic market futures, commodities pricing and Treasury yields. This last item, over the past week, has been interesting (pardon the pun) to watch and has me thinking about the yield curve.

Back in January, I posted on using the yield curve in high school econ classes. Today, Greg Mankiw has a good post explaining the inverted yield curve. What I found most appealing was the Q&A format he used. He also referenced and linked to a well-written article from the Cleveland Fed. IMHO, it's worth a look.

Let me know what you think.

Posted by TSchilling at June 13, 2006 5:31 PM