Curve steepening comes in two forms: a 'bear steepener' (long-end yields rise faster, indicating economic optimism and reduced safe-asset demand) and a 'bull steepener' (short-end yields fall faster, indicating economic pessimism and flight to quality), and the current steepening is a bull steepener, which is economically negative.
definitionpending
Speaker
George GammonEvidence Quote
“bare steepener... the long end... goes up at a faster Pace... bull steepener... the yields at the front end... come down at a faster Pace... we are seeing right now is the bad steepening of the curve”
Created: 8/11/2026, 1:10:24 AM
My Notes
Loading notes...