Despite nearly being at “full employment,” labor costs continue to drop in the USA. On this news and the lack of nonfarm labor productivity, the US Treasury 10Y-2Y yield curve slope fell below 90 basis points. Time for some snake … Continue reading →
The post US Treasury 10Y-2Y Slope Falls Below 90 Basis Points As Labor Costs Drop was originally published at The Wall Street Examiner. Follow the money!