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Economic Commentary

Interest Rates, Yield Curves, and the Monetary Regime

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 foretells depend on the monetary regime in place at the time the curve is drawn.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Haubrich, Joseph G. 2004. “Interest Rates, Yield Curves, and the Monetary Regime.” Federal Reserve Bank of Cleveland, Economic Commentary 6/1/2004.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International