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If my understanding it correct, I'm pretty sure it means the yields of short-term investments are better than long-term investments with the implication that in
by keeganjw 8y ago
If my understanding it correct, I'm pretty sure it means the yields of short-term investments are better than long-term investments with the implication that investors feel like the economy is fine now but won't be in the not to distant future. In short, they think there will be a recession so they want to make money now while the gettin's good.