An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)
Fans of Curve Steepener See Trade Take Flight, More to Come
(Bloomberg) -- For investors in the curve-steepener trade, the updraft in Treasury yields of the past 48 hours is more than just a welcome reprieve -- it also signals a long-awaited regime shift.