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Cathie Wood, fund manager at ARK Invest, observes that the yield curve is continuing to flatten even as oil prices have seen a significant increase over the past three months.
She indicates that, historically, such an energy shock during a traditional economic cycle would typically have a different impact on the yield curve.
Wood has recently highlighted the significance of the upcoming May jobs report for U.S. monetary policy. She pointed to the report's potential influence on rates and growth signals. The latest comments add to Wood’s ongoing focus on key economic indicators.