Yields on Long-End Will Stay In Place

Inflation, as measured by the PCE, has ticked down in April.   Trimmed Mean PCE can not even hold 2 percent. The price action in Oil will likely drag inflation down further. This will probably create a flattening yield curve. ¬†However, I see this another way. The yield curve will be flattening as short-term rates … Continue reading Yields on Long-End Will Stay In Place