yield curve
Commentators focused on a flat-to-steepening U.S. yield curve, with several arguing the long end isn’t “lost” and that high rates across the curve reflect repriced policy expectations rather than a uniquely unanchored long end 27. Others highlighted front-end refuge given a flat curve, and the prospect that Treasury issuance choices could reshape the curve, as in prior episodes 4. Multiple guests debated the curve’s recession signal: some emphasized the 10y–3m steepening versus 10y–2y flattening and cautioned that inversion hasn’t reliably produced recession this cycle, while still viewing curve shape as a sign of weakening activity and potential credit margin pressure 111213. A minority framed the whole curve near 5% as a fiscal problem, tying steep funding costs to policy/issuance dynamics and potential “yield curve defense” measures 11014.
From the window to Oct 5, 05:30 ET — this window's take is still to be written.
Where the voices land
Nobody took a position this week.
Mentions
8 this weekStories it travels in
i
The stories
- ○ a voice, on the left
- ◌ a voice raising half of these
- ● a subject, on the right, under its story
- ⌒ a line is a voice raising a subject — thicker, more items; colour is the story
The stories this entity travels in: on the right, each story with the subjects seen alongside it; on the left, the voices that raised them, and a line for every subject a voice raised, bundled by story. Tap a voice to light everything it raises, a subject for who raised it, a story for its own lines. The crumb goes back.
Who brings it up
- Steve H. Hanke 1 mention
- Peter Boockvar 1 mention
- Walter Bloomberg 1 mention
- Robin Brooks 1 mention
- Gary Bohm 1 mention
- Dan Nathan 1 mention
- Lyn Alden 1 mention
- Michael Howell 1 mention
See what your own voices say about yield curve, every morning.
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