Yields/curve. 2-10? Or 10-30? Which is more important? At the top of both the Dot-Com bubble and 2008 market crash, it was the 10-30 spread which acted as the "leading indicator" of trouble-NOT the 2-10 spread...
Yields/curve. 2-10? Or 10-30? Which is more important? At the top of both the Dot-Com bubble and 2008 market crash, it was the 10-30 spread which acted as the "leading indicator" of trouble-NOT the 2-10 spread...