The yield curve is becoming flatter. The difference between the 10-year and 2-year government bond is now approaching 1%. The yield curve tends to get flatter when the economy reaches the end of an ...

The yield spread between long-term and short-term Treasury securities is known to be a good predictor of economic activity, particularly of looming recessions. One way to learn more is through a ...

The predictive power of the yield curve is a widely accepted causal narrative, but history shows that the causal correlation between long and short rates is actually quite weak. While long and short ...