Banking
Treasury Yield Curve Bull-Steepens After CPI; 2s/10s and 2s/30s Hit Multi-Month Highs
The Treasury yield curve bull-steepened after a softer CPI print, with the 2s/10s spread reaching about 49 basis points and the 2s/30s about 107 basis points, the steepest since May. The move signals shifting Fed rate-cut expectations and has implications for banks and growth stocks.
