People always tell me that the financial services industry is an exciting industry to be in.
Every day, either in the papers or on television, radio and social media, analysts will predict what will happen to the markets. Even non-professionals join in this guessing game. In the latest run-up to where the markets will be headed, investors were using the yield curve to forecast the future of the stock markets. So, what exactly is the yield curve and how is it used to predict the markets?