Yield Spread Continues to Hint at Steepening

A steepening yield curve/spread does not need to bring on doom, as it did in 2000 and 2007. In the early 90s a steepener went with a stock market that was grinding higher (although it took a massive flattener to launch the stock bubble later that decade). A change in the yield curve means simply… change. A change in the character of the macro backdrop … Continue reading Yield Spread Continues to Hint at Steepening