In the early 1980s,the Treasury yield curve had a severe downward slope with short-term yields near 20% and long-term yields below 15%. Explain how such a pattern might occur.

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The Answer of In the early 1980s,the Treasury yield curve had a severe downward slope with short-term yields near 20% and long-term yields below 15%. Explain how such a pattern might occur.

In the Early 1980s,the Treasury Yield Curve Had a Severe