Rowan observes yield curve steepening with ten-year rates rising despite lower short rates.
“And what we're seeing is a steepening of the yield curve. Rates that matter, the ten year, are higher even if short rates are lower.”
Rowan observes yield curve steepening with ten-year rates rising despite short rate cuts.
“Depreciating our currency has the tendency to be inflationary. And what we're seeing is a steepening of the yield curve. Rates that matter, the ten year, are higher even if short rates are lower.”
Rowan observes ten-year rates rising while short rates fall, steepening the yield curve.
“And what we're seeing is a steepening of the yield curve. Rates that matter, the ten year, are higher even if short rates are lower.”