US Yield-Curve Looks Hell-Bent on Inverting, “Flattest” Since Aug 2007
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter How does it compare to German, Japanese, and Chinese yield curves? On Friday, the US Treasury 2-year yield rose to 2.63% and the 10-year yield remained at 2.82%. This squeezed the spread between them to just 19 basis points, the lowest since August 2007. This is a further step in the … Read more