Friday, November 27, 2009

Rate Hikes and Falling 3 Month Yields



After a sharp rate hike, yields fall as the economy goes into a recession.
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The header photo is a Creative Commons image (but was published in 1906, so it should be in the public domain).

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The Old Barkeep hails from Phoenix and lives in San Francisco, where he can keep an eye on things. This blog is his public notepad.

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