Yield Curve Steepens At Fastest Pace Since 2008, Bonds Cheapest To Stocks In 7 Years

On the heels of near-record long speculative positioning, the long-end of the US Treasury yield curve continues to carnage, with yields at their highest since November’s FOMC levels. The yield curve is steepening drastically – up 16bps in 3 days (the biggest percentage surge since Dec 2008).

This post was published at Zero Hedge on Dec 20, 2017.