Audio Mises Wire

The Fed Is Warping the Shape of the Yield Curve

Audio Mises Wire
Frank Shostak

As the Federal Reserve manipulates the money supply and interest rates, the yield curve becomes a less reliable indicator of economic activity. The more the Fed plays havoc with the system, the more we see the boom-and-bust syndrome.

Original article: The Fed Is Warping the Shape of the Yield Curve