The flatter Treasury curve and tighter financial conditions combined to dent financial sector performance. There may be room for a rebound, but only if the Fed doesn't brake too hard. ... Read More
As the yield curve continues to flatten, we take a look at the manner in which an inversion typically occurs.... Read More
The Treasury curve flattened to its lowest levels in over a decade after another realized inflation miss. We see no relief in sight from the flattening trend. ... Read More
The rising Treasury issuance story faded into the background in recent weeks. A rise in net new issuance driven by lower retirements in May could bring the theme back to the front of investors' minds.... Read More
Financial sector investors appear sanguine about flattening in the Treasury curve. Tighter financial conditions may present a more serious threat to performance. ... Read More
Financial sector returns suggest expectations for renewed flattening in the Treasury curve. ... Read More