
Treasury yield curve flattens ahead of scheduled September 15-16 Fed meeting
Bond markets doubt consumers can handle higher rates ahead of the Fed's scheduled September 15-16 meeting. Reuters reported September 14 the Treasury yield curve — the gap between short- and long-term bond returns — flattened. 65 of 93 economists in September 4-9 Reuters poll expected rates to stay at 3.50%-3.75%. I see tighter loan pain without stronger growth behind it.
Published