Yield Curve Also Rises

Not only are stock markets and yields rising, but so too is the yield curve steepening. Just a note that a process that has been in play since August 2019 is still in play. From cnbc.com:

yield curveyield curve

The indication continues to be inflationary, but later on a steepening curve can resume/continue if the macro swings deflationary. Thing 1 means long-term bonds are depressed due to inflation fears and Thing 2 means short-term bonds are getting bid due to liquidity fears. Neat, eh?

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