Monthly Client Newsletter
Monthly Client Newsletter - August 2017
Yield Curve Flattening: The yield curve continues to flatten, with the yield on 2-year note vs. 30-year bond spread, reaching a 10-year low of 137bps on Friday June 23rd. The flattening of the yield curve is something we continue to watch, as historically if it becomes inverted, the probability of slipping into a recession increases.
