You know what that's very interesting. When the recovery comes, there will be so much money sloshing around that inflation will roar back to life. I'm thinking the yield curve is so steep because they're going to shoot down the inflation by tightening. People will also dump treasuries paying nothing real. Plus the oil futures curve is very steep going out to 2015. Hmmmm we'll see what happens.. distressedvolatility.c...
Yield Curve Near 10-Year Highs [View article]