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What the steepest US yield curve since 2021 signals as 2026 begins
We begin 2026 with the steepest US yield curve since 2021. That said, it is worth noting that Friday 2 January typically marks a period when many institutional traders have yet to return in full, leaving liquidity thin and price action prone to exaggeration. Early-year moves should therefore be treated with caution, as signals generated during the first couple of weeks may reflect illiquid conditions rather than a fully formed market consensus. Despite of these liquidity and signal value concerns, the U.S. yield curve has been steadily steepening throughout December, culminating today with the 2–30 year spread ... (full story)
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- Jan 2, 2026 2:00pm Posted byFundamental Analysis1,841
