US Treasury yield curve – the spread between the benchmark bond yield and a shorter duration bond yield – is now steepest since late November, a sign of ebbing recession fears. The spread between the yield on the 10-year and two-year Treasury notes currently stands at 21.3 basis points – the highest level since Nov. 29. The curve or the spread had flattened/narrowed to 8 basis points in December and was seen at 12 basis points a month ago. The curve, therefore, threatening inversion – the 10-year yield below the two-year yield – which is widely considered an advance warning of economic recession. The curve inversion, however, never happened and with the spread currently at the highest level since November, it seems safe to say that the US economy is out of the woods. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Forex Today: Won sold-off into intervention talks, a light calendar ahead FX Street 4 years US Treasury yield curve - the spread between the benchmark bond yield and a shorter duration bond yield - is now steepest since late November, a sign of ebbing recession fears. The spread between the yield on the 10-year and two-year Treasury notes currently stands at 21.3 basis points - the highest level since Nov. 29. The curve or the spread had flattened/narrowed to 8 basis points in December and was seen at 12 basis points a month ago. The curve, therefore, threatening inversion - the 10-year yield below the two-year yield - which is widely considered… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
