Swiss Economicblogs.org
Unlike some Fed policy makers, Fed economic staff have been downplaying the significance of recent yield curve flattening.The ongoing yield curve compression (the narrowing difference between short-term and long-term Treasury yields) has become a key focus for Federal Reserve (Fed) policymakers. Several Fed researchers have released notes dismissing some policymakers’ anxiety about a flattening yield curve, the latest coming from economic staff at the San Francisco Fed.Some of them,...
Read More »Assuaging yield curve anxiety
