Yesterday's recap mentioned a 'farewell' to low short term rates despite longer term rates 'faring well.' This is a reference to the major changes that have been taking place with the yield curve in ...
The yield curve has gone from an obscure chart on bond desks to front-page material because it’s one of the few indicators that consistently front-runs the big turns in the economy. I still remember ...
When the US Treasury yield curve inverts (short rates rise above long rates) the shift is widely viewed as a reliable forecast that a recession is near. The curve has been inverted since July 2022, ...
December’s rate cut ended yield curve inversion—read how it could boost PIMCO PDO & PTY mortgage holdings, lower funding costs, and lift income.