Bond watchers demand steeper curves on both sides of the Atlantic – Yahoo Canada Finance
(Bloomberg) – One of the most popular U.S. bond transactions is emerging as a global phenomenon.
At least five banks have made recommendations to bet on an increase in the yield premium offered by longer-term European debt compared to shorter-term notes. This so-called steepening of the yield curve mirrors similar calls made by some US market watchers and largely reflects fears of rising…