State Street Journal
Boston Financial Journal
Markets · Fixed Income

Yield Curve

The shape of interest rates and what it signals about the economy ahead.

The Bear Steepener: What the Yield Curve's Un-Inversion Actually Signals

The yield curve's un-inversion — not the inversion itself — is the true recession signal. This guide explains bear steepeners versus bull steepeners, the banking transmission mechanism, and how to read the 2s-10s spread.

Margaret Calloway · BOSTON