We warn investors of recession signals in the resolved yield curve, questioning Biden officials' role in bond market effects.
The 20-year yield, a laggard on the US government debt curve since its re-introduction in 2020, topped 5% Wednesday for the first time since 2023. The move, fueled in part by concern that Presiden ...
The Treasury yield premium model by Jens H.E. Christensen and Glenn D. Rudebusch (CR) decomposes the nominal yield curve into three components ... enforce a zero lower bound on nominal yields.