I had a feeling the post-FOMC plunge might be a final shake out of the steepener contingent, of which I am a card carrying member,
The most recent tooth in this alligator’s jaw is toward the flattening side as the 10/2 continues to grind out a potential steepener for 2019.
Here is the 10/2 as presented live here. The spread is pulling back very recently but maintains a modest uptrend (steepening) for 2019. Here is
I searched for a live yield curve chart and could not find the curve as we usually view it, which is the 10yr-2yr available on