Is This The Real Reason Why The Treasury Curve Has Been Collapsing For A Month?

A ‘funny’ thing happened a month ago. The Treasury yield curve suddenly started to collapse… despite gains in stocks and positive economi data surprises… the question is, why?
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Here’s one possible reason why..
Originally submitted by GovTrader,
TL/DR: Tax reform creates pension fund incentive to buy 30yr bonds NOW.
Currently, the top corp tax rate in the US is 35%. It looks most likely that rate will drop to 20% when tax reform passes. If you are a corp with an underfunded pension fund, you get a tax incentive to fund the pension THIS YEAR vs in the future when the corp tax rate drops to 20%.

This post was published at Zero Hedge on Nov 21, 2017.