T-bill yield curve steepens to 4-year high as investors bet on rebounding growth
T-bill yield curve steepens to 4-year high as investors bet on rebounding growth
The near-term outlook for the US economy may be bleak, but bond investors see a bright future. The US Treasury yield curve has steepened to levels not seen since 2016, indicating that investors expect economic expansion and higher inflation in the coming years with the distribution of vaccines against coronavirus and new President Joe Biden […]
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