Yield curve flattens before Sept. 15-16 Fed meeting

Bonds doubt shoppers can handle higher rates ahead of the scheduled Sept. 15-16 Fed meeting. Reuters reported Sept. 14 the yield curve — the gap between short- and long-term Treasury returns — flattened. 65 of 93 economists in Sept. 4-9 Reuters poll expect 3.50%-3.75% to hold. I see loan pain without stronger growth.