seatbelts.
Strap your seatbelts. 10y-2y yield spread is about to uninvert itself. #bearsteepener
by DesmondMilesDant Historically, a bull steepener with the short end of the curve dropping is what typically correlates with bear markets. A bear steepening of the yield curve with LTTs selling off indicates the bond market thinks the economy is running strong (or at least stronger than what was previously thought), which in a roundabout …