Yield Curve Status & Implication

The 10-2yr yield curve continues to be elevated this morning. Its recent history is of an inversion that the media touted heavily as some sort of Armageddon warning late last summer, the predictable rebound out of that, and with the coming of the COVID-19 crisis, a new steepening. It then consolidated and recently broke consolidation. From CNBC w/ my markups. A steepening yield curve can … Continue reading Yield Curve Status & Implication