Idiot seeks experts.
I’m sure this lady does a good job of explaining it to idiots like myself, but I am particularly idiotic today and it still makes no sense, so can anyone out there give a dumbered-down version of this column on the yield curve? Like, what is it, why should I pay attention to it, etc.? You will hopefully use phrases like, “Let’s say you have two apples,” or “The yield curve is like a bowl of fruit.” Anyone? Spiers? Carney? Felix Salmon? I’m looking at you guys.
