61.   Depending on which part of the yield curve you look at, it could be positive or negative, and getting more so or less so.

62.   Eberling said that, scandals aside, the most important event for the industry this year was the flattening of the yield curve in December.

63.   Early in the session intermediate maturities were bolstered by talk that the central bank was buying the middle of the yield curve.

64.   First, the government needs to establish a benchmark yield curve by issuing debt more frequently, despite the fact that the federal budget is in surplus.

65.   For the moment, though, the yield curve suggests bond investors are betting the Fed will move swiftly to prevent the economy from overheating and quell inflation.

66.   He was referring to the shape of the yield curve, which is formed by plotting yields on government securities of different maturities.

67.   If more signs of brisk economic growth appear, the yield curve may flatten even more.

68.   If the Fed keeps cutting rates, however, the yield curve probably would steepen and those options would become more valuable.

69.   If the yield curve flattens, meaning that the spread between long- and short-term bonds is reduced or eliminated, the leverage effect will be lost.

70.   If times were normal, most economists probably would be encouraged by the upward sloping of the yield curve since the Fed began easing.