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A humped yield curve is a relatively rare type of yield curve that results when the interest rates on mediumterm fixed income securities are higher than the rates of both long and shorttermInverted Yield Curve An inverted yield curve is one in which the shorterterm yields are higher than the longerterm yields, which can be a sign of upcoming recession "I need money now so I canIn other words, yield curve steepening shows up 15 months later as smallcap outperformance That is a fun thing to know And a hard thing to wait for, sometimes Right now, longerterm rates are rising, while the Fed is keeping the shortterm rates low Flatter Yield Curve Explanation Amp Implication Yield curve chart now