Treasury prices edged mostly higher Monday as the gap between intermediate- and long-term yields continued to rise. The so-called steepening of the yield curve is a reaction to a Friday payrolls report, which showed slow improvement in the labor...
Treasuries are losing money for the
first time since December as investors demand higher yields with
the Federal Reserve signaling that a strengthening economy may
prompt policy makers to raise rates sooner than forecast.
By Gary Tanashian:
There is a lot of talk now about a flattening of the yield curve. A flattening curve is commonly viewed as bad for gold, and according to Mark Hulbert, is an indicator of a coming recession:
Why you should care about...
An inverted yield curve is one of the most reliable leading indicators of an economic recession. Which is why many are worried about the flattening yield curve, which is the flattest it’s been since 2009. Should they be worried?