U.S. Treasury yield curve steepens

Breakdown

• Long-term U.S. Treasury yields have struggled to close below four percent despite several attempts. 9s
• Sustained movement below four percent would likely require significant Federal Reserve intervention, such as quantitative easing. 1m 33s
• Short-term yields remain tightly ranged and are highly responsive to Federal Reserve signals. 1m 49s
• The two-year yield recently closed at its lowest level in three years before rebounding. 2m 0s
• Market volatility persists, with both bond and equity markets reacting to economic data and central bank policy. 1m 54s