Thursday, December 29, 2005

Inverted Yield Curve Obsession

A final note (for now) on the Inverted Yield Curve issue.  I was watching Bubblevision on the way out the door (to my beloved Fun Factory) this morning, and they had an on-screen graphic showing the 2yr vs. 10yr yields.  This graphic was refreshing every few seconds.  One second, the yield curve was inverted.  A few seconds later, not inverted.  A few seconds later, flat.  Inverted.  Flat. Not inverted.  Inverted. Flat.  Inverted.  Not inverted.  Etc.  At this point, I realized HECK!  This is Bubblevision!  If they're obsessing about it, then I suppose we don't have to worry about it.  (For now!)

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