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Has the yield curve lost its predictive mojo? - Thoughtful Finance
Crikey! I’ve lost my mojo!” –Austin Powers Former Fed Chair Ben Bernanke recently joined the chorus of voices casting doubt on the predictive ability of the yield curve. Yet, others such as Minneapolis Fed President Neel Kashkari, have been quite vocal about the risks of inverting the yield curve. Whatever your views on Bernanke, Kashkari, or inverted … Continue reading Has the yield curve lost its predictive mojo?