![]() ![]() ![]() Spiralling round a central core of secrecy, deceit, love and betrayal, INVERSIONS is a spectacular work of science fiction, brilliantly told and wildly imaginative, from an author who has set genre fiction alight. It plots the yield on 10-year Treasury securities minus the yield on two-year securities. The figure below illustrates the tendency of banks to tighten lending terms when the yield curve inverts. But his enemies strike more swiftly, and his means of combating them are more traditional. An inversion may signal a less favorable or more uncertain economic outlook. In another palace across the mountains, in the service of the regicidal Protector General, the chief bodyguard, too, has his enemies. But then she also has more remedies to hand than those who wish her ill can know about. In the winter palace, the King's new physician has more enemies than she at first realises. Banks, a modern master of science fiction. The sixth Culture book from the awesome imagination of Iain M. ![]()
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