You are here: Home » Reuters » News
Business Standard

As Fed says on track, narrowing yield curve could complicate debate

Reuters  |  WASHINGTON 

By Howard Schneider and Ann SaphirWASHINGTON (Reuters) - Top U.S. Federal Reserve officials say a strong economy will likely keep their rate increase plans intact, but on Monday a key signal began to waver that may intensify debate about whether conditions are as solid as they seem.The gap in interest rates between 2-year and 10-year Treasury securities narrowed to its smallest in more than a decade, dipping below 0.15 percentage point.That gap, or "spread," is regarded as a particularly important benchmark among some central bank officials for gauging recession risk and weighing investor ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, December 04 2018. 05:23 IST
RECOMMENDED FOR YOU