Below is the table of the yield curve from US Treasury website: The yields are falling faster at the long end of the curve than on the short end. This means that despite current inflation fear, quantitative easing, bond investors are forecasting tepid growth and low inflation. When the equity market and bond market have diverging views, usually the bond market is right.
Thanks for writing this article. Much appreciated. Definitely makes things easier for me understand what is going on with fiscal policy.
thanks for sharing.
excellent article