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Interest Rates, Yield Curves, and the Monetary Regime

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The yield curve has a wealth of information about future interest rates and economic conditions. Users should exercise caution, though, as many of the relationships that hold between the behavior of the curve and what it fortells depend on the monetary regime in place at the time the curve is drawn.

The yield curve has a wealth of information about future interest rates and economic conditions. Users should exercise caution, though, as many of the relationships that hold between the behavior of the curve and what it fortells depend on the monetary regime in place at the time the curve is drawn.


Suggested citation: Haubrich, Joseph G., 2004. "Interest Rates, Yield Curves, and the Monetary Regime," Federal Reserve Bank of Cleveland, Economic Commentary, 06.01.2004.

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