DB: Yield Curve Flattening Is A Good Thing!

Some analysts are worried about yield curve flattening, but Deutsche thinks it’s a good thing. At the beginning of this week, the spread between the two and 10-year Treasury yields flattened to 78.77 basis points — the lowest level since September 1. For bond watchers, this move has sent a distressing signal. The so-called “yield curve”…

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