Ten-year Treasury yields at 2% suggest an economic slowdown, while narrowing corporate spreads point to a healthy expansion, notes Sober Look. It's Treasury yields looking more suspect given the rise in inflation expectations, meaning it's a matter of time before the 10-year begins a move towards 3%. TLT -0.3%.
Ten-year Treasury yields at 2% suggest an economic slowdown, while narrowing corporate spreads...
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