Yield Curve Collapse Signals 'Policy Error' Looms After Hawkish Fed Statement
June 13, 2018 at 16:35 PM EDT
Equity markets lurched lower but are coming back now after The Fed signaled a more hawkish expectation of two more rate-hikes in 2018. The dollar spiked and while Treasury yields also jumped, the yield curve collapsed to new cycle lows.
