TermMax returns to the daily topic: In the traditional financial world, the yield curve is called the market's "crystal ball"; it not only reflects the current cost of funds but also hides the market's consensus on future economic growth and inflation expectations; Every time Federal Reserve Chairman Powell speaks, the market's first focus is on the shape change of the yield curve — is it steep? flat? or inverted?
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TermMax returns to the daily topic: In the traditional financial world, the yield curve is called the market's "crystal ball"; it not only reflects the current cost of funds but also hides the market's consensus on future economic growth and inflation expectations; Every time Federal Reserve Chairman Powell speaks, the market's first focus is on the shape change of the yield curve — is it steep? flat? or inverted?