Leo Linbeck III
2008-11-06 22:49:13
BTW, if you want to see a cool graphic illustration of the steepening yield curve, check out this site:
http://stockcharts.com/charts/YieldCurve.html
On the right hand graph, click on the peak of the S&P500 (around mid-2007). The yield curve on the left hand graph snaps to that date. It’s pretty flat.
Next, click animate and watch the yield curve move.
Pretty nifty. In a sickening sort of way.
L3








