Bullish Treasury curve action
Lost in the relief over the rally in US equities today was the price action in US government bonds. And it was good. Even before today, as the middle of the curve inverted, the Treasury curve had been steepening between 2- and 10-year bonds. But today, we saw some of th...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.