US Treasury 30Y-5Y Curve Slope Flattest Since Beginning of The Great Recession

Jon Banking, Economy, Fiscal Policies, Market Commentary

This is a syndicated repost courtesy of Snake Hole Lounge. To view original, click here. Reposted with permission.
The persistent flattening of the Treasury yield curve appears to still have legs, and that may be a sign of economic trouble ahead. On Wednesday, the minutes of the Federal Reserve’s September meeting revealed policy makers’ resolve to stick to their tightening path. The difference between five- and 30-year yields fell below 93 basis points, near the lowest since the start of the last recession. Five-year Treasury notes are among the most sensitive to Fed policy.

This post was published at Wall Street Examiner by Anthony B Sanders ‘ October 12, 2017.