“The danger isn’t imminent. But some economists say there’s a pattern worth watching in bond prices, a phenomenon known as a flat ‘yield curve,’ ” reports The Christian Science Monitor.

“The Federal Reserve, with its ongoing moves toward tighter monetary policy, has been raising short-term interest rates steadily. Yet the interest, or yield, paid on long-term bonds hasn’t risen as much. That has flattened the yield curve - a line that usually slopes upward as it shows the interest rates for debts with different time horizons. It’s the kind of indicator only a statistician can love, but the shape of this chart can have implications for every business, borrower, and investor across America.”