Dear Prof. Farhat, Thank You for the amazing knowledge You have gifted to us over the many years. If You wouldn't mind, I have a question regarding the liquidity preference theory: Is there any way that the liquidity preference theory can explain an inverted yield curve? As far as my understanding goes, it should mean that the curve is always rising. I could not find an answer to this question, so I am hoping You will be kind enough to help. Thank You in advance! Best, Petar Radojevic
