Deciphering Curves

By |2017-06-13T17:37:06-04:00June 13th, 2017|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

What is the yield curve supposed to look like? It’s a simple question that doesn’t actually have an answer. And because it doesn’t, there is a whole lot of confusion about bond yields. To wit: Chadha, the chief global strategist at Deutsche Bank’s U.S. securities unit, is part of a group of die-hard bond bears who say Treasuries have become [...]