Yield curve flattens ahead of month-end
Article content NEW YORK — The U.S. Treasury yield curve flattened on Wednesday afternoon as traders bought longer-dated debt to rebalance their portfolios ahead of the month-end. The 30-year yield was last down 1.4 basis points at 1.660%, pulling the spread between five- and 30-year yields flatter to 129.5 basis points. That spread had hit a high of 131.2 basis points earlier in the day. We apologize, but this video has failed to load. Try refreshing your browser, or Yield curve flattens ahead of month-end Back to video The benchmark 10-year yield was a basis point lower at 0.925%, bring...
Source: financialpost.com