Steeper Yield Curves Coming

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How Central Banks Steepen Yield Curves

 

 

Two things matter for yield curves – Central Bank policies and yield volatility. Both are set to expand. Over the next few months, it is highly likely that the US Treasury curve could steepen, but that still means that 10-year yields first test 1.50%. US policy rates look set to drop to 1%.

 

 

 

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