The yield curve continues to steepen, the 10-year Treasury up another 3 bps to 1.72% (the...

|By:, SA News Editor

The yield curve continues to steepen, the 10-year Treasury up another 3 bps to 1.72% (the highest in 2 months). A steeper curve is consistent with a growing economy, writes Vince Cignarella, but does it mean the Fed - hard at work trying to suppress long yields through The Twist - is becoming irrelevant?