U.S. Markets open in 2 hrs 28 mins

Treasury Yield Curve Is Heading for Inversion, Fund Managers Say

Luke Kawa
Treasury Yield Curve Is Heading for Inversion, Fund Managers Say

The Treasury curve is on a one-way trip to inversion. In March 2011, the last time respondents to BofA’s survey were more pessimistic on the prospects for curve steepening, the spread between two and 10-year yields was near its post-crisis peak. Currently, the gap is sitting close to the lowest in a decade at 25 basis points, yet investors see nowhere to go but down.