U.S. Yield Curve Nears an Unprecedented Flattening Streak: Chart

(Bloomberg) -- The Treasury yield curve from 5 to 30 years is approaching unprecedented territory: It flattened Wednesday for the ninth straight session, to about 29 basis points. The spread has narrowed 10 consecutive times on only a few occasions, and has never compressed 11 trading days in a row, according to Bloomberg data going back to 1992. “The yield curve can’t flatten every day,” said Jim Vogel, a strategist at FTN Financial Capital Markets. “But it certainly seems willing to try.”

©2018 Bloomberg L.P.

View More Stock Charts On BloombergQuint