During some crises, investors shift their funds out of the stock market and into money market securities for safety, even if they do not fear that int
During some crises, investors shift their funds out of the stock market and into money market securities for safety, even if they do not fear that interest rates will rise. Explain how and why these actions by investors affect the yield curve. Is the shift best explained by expectations theory, liquidity premium theory, or segmented markets theory? (LO3)