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Flat yield curve? Not to worry, Fed policymakers say

CHICAGO/SAN FRANCISCO (Reuters) - As the gap between short- and long-term borrowing costs hovers near its lowest in 10 years, some investors worry the so-called yield curve is flashing red: that a recession, always preceded by such a flattening, could be around the corner.

Flat yield curve? Not to worry, Fed policymakers say
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