Strategic Note: Yield Curve Steepening Signals a New Regime for Capital Allocators
The Setup:Long-term U.S. Treasury yields are rising sharply — not just as a headline, but as a structural pivot. After years of flat or inverted curves, we’re now entering a regime where longer-dated yields decisively outpace short-term rates. The 2s/10s spread is near its widest since 2022. Insight: The 2s/10s spread is quietly shifting from … Read more
