Bond Traders Bet Yield-Curve Steepening Has More Steam
- U.S. employment report highlights week-ahead economic calendar
- Vanguard’s Mathias sees short end anchored even on strong data
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As Treasuries traders reap profits on yield-curve steepener bets, Wall Street says the wagers have more juice.
The spread between 5- and 30-year yields climbed to the highest level in a year last week. With the days ahead bringing key U.S. economic data and another round of speeches from Federal Reserve policy makers, analysts say the risks are skewed toward further widening.