fed purchases of treasuries

Steep Yield Curve

The yield curve is at its steepest on record (via Bloomberg): May 27 (Bloomberg) — The difference in yields between Treasury two- and 10-year notes widened to a record on concern surging sales of U.S. debt will overwhelm the Federal Reserve’s efforts to keep borrowing costs low. The so-called yield curve steepened to 2.75 percentage .. read more