PRESS ROOM
US Treasury yield curve steepens further
Thursday 18th February '21
US Treasury yield curve has steepened further in the last month as long-dated Treasury yields have risen on account of rising inflation expectations. 10-year Treasury yields have now risen to their highest level since February last year and are hovering just shy of 1.3% (as of 17 February) compared to just under 1.1% a month ago. This is primarily due to rising inflation expectations as long-term real yields have not moved in the same way over the same period.