Flat is where its at!

Flat yield-curve that is. Ten-year Note yields fell below the Two-year Notes for the first time in 5 years yesterday, a signal to some that the U.S. economy may head into a recession in 2006. Looking back at previous tightening cycles by the Fed, we see evidence that they usually "go too far" in slowing the economy, potentially driving the country into a recession. Read Now....