The US yield curve continues to confound many:
Rather than dis-invert by now as many had expected, the 2s-10s curve is back at its December (more inverted) level of -50 basis points.
What is also notable is the lack of agreement on why this has taken place:
From those interpreting the curve as a warning about a US recession to those dismissing the curve's economic information content.
#economy #markets #bonds #econtwitter
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