
WALL STREET’S NEW FAVORITE BULLISH YIELD CURVE IS HIGHLY FLAWED
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Highly Flawed
Please click here for a chart of two yield curves.
Note the following:
- The yield curve is one of the most important indicators for investors at this time.
- Please start out by reading the Morning Capsule dated March 23.
- The chart compares 10-Year Constant Maturity Treasury minus 2-Year Constant Maturity Treasury to 10-Year Constant Maturity Treasury minus 3-Month Constant Maturity Treasury.
- The chart shows that the former is in a downtrend but the latter is in an uptrend.
- Please click here for a chart going back to 1976 of the difference between the yield on 10-year Treasury and 2-year Treasury.