Eaton Vance Management (International)

2019 Top 400 ranking: 51http://www.eatonvance.co.uk

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US yield curve doesn’t yield the same insights

The U.S. bond market yield curve long has been viewed as a leading indicator of economic activity. In the late stage of an expansion, a flattening of the curve might result from the U.S. Federal Reserve’s action to raise its target fed funds rate in an attempt to control inflationary growth.

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