Reuters logo
Yield curve not recession concern, could mean confidence -Fed's Bostic
November 14, 2017 / 7:01 PM / a month ago

Yield curve not recession concern, could mean confidence -Fed's Bostic

MONTGOMERY, Ala., Nov 14 (Reuters) - The flattening Treasury yield curve may reflect “safe-haven” investing and confidence in the U.S. economy and, were the trend to lead to an inverted yield curve, the market would not necessarily signal a pending recession, Atlanta Fed President Raphael Bostic said on Tuesday.

Two-year yields rose again on Tuesday while that of longer-dated debt fell, continuing to flatten the curve, or narrow the gap, between them. Bostic, asked about the trend at an open forum, said it was not a primary policy signal for the central bank, which is raising rates in the face of slightly below-target inflation. (Reporting by Jonathan Spicer; Editing by Chizu Nomiyama)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below