Haven’t looked at yield curves in a while but with the breakout to upside in long end yields,its worth A look.I believe it was Feds Williams this week(Not Sure) that said rates could be a zero bound for the “medium term” in Fed or Economic Vernacular its 5-10 years.With that being known not much wiggle in short end of curve as near zero rates will hold things steady.Now longer end does use expected fed funds rate frop some of its pricing but not as much as short end. Pricing in higher inflation,stronger growth ,more stimulus?possibly or just a way to play the short end with rates so low?


Bonus charts,Dollar index DXY approaching the bottom of the range 98.27 a break below could be the catalyst for another leg higher in risk
