Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Yield curve flattest since 2007

Published 11/06/2017, 09:22 AM
© Reuters.  Yield curve flattest since 2007
  • Bloomberg's Lisa Abramowicz takes note of down and to the right chart pattern of the 10-year, 2-year spread. At just 70 basis points this morning, it's the slimmest since 2007.
  • Now that we think about it 2007 is the last time pundits told us the nearly perfect forecasting ability of the yield curve was an artifact of history. To review - flatter curves suggest slowing economic growth, and an inverted curve the beginnings of a recession.
  • In any case, the narrowing action isn't great for the earnings outlooks for banks, insurers, and mREITs, among others.
  • ETFs: MORL, REM, KRE, MORT, KBE, IAT, KBWB, QABA, KBWR, DPST, WDRW, FTXO
  • Now read: The Federal Reserve Has Never Printed 'Money': Part III

Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.