Finance Theory — 5.3: The Yield Curve скачать в хорошем качестве

Finance Theory — 5.3: The Yield Curve

There's a single chart that has predicted every U.S. recession for the past 50 years—and most investors never look at it. In this video, you'll learn how to read the yield curve, understand what different shapes signal about the economy, and discover why an inverted curve has historically been one of the most reliable recession indicators. 📚 Key concepts covered: • What the yield curve is and how to read its three basic shapes (normal, flat, inverted) • Why "flight to quality" during market stress creates distinctive yield curve patterns • How yield curve inversions have preceded every major recession since the 1970s • The competing theories explaining yield curve behavior (Expectations, Liquidity Preference, Preferred Habitat) • How to monitor the 2-year/10-year spread as an economic health indicator • Historical context: 1982 peak rates (18% mortgages!) vs. recent near-zero rates ━━━━━━━━━━━━━━━━━━━━━━━━ 📖 ORIGINAL SOURCE ━━━━━━━━━━━━━━━━━━━━━━━━ This video distills concepts from academic finance lectures on bond markets and the term structure of interest rates. Original lecture:    • Ses 5: Fixed-Income Securities II   Full credit to the original instructor for the educational content. This video aims to make these important concepts more accessible through condensed presentation.