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  • US yield curve hits steepest in two years as Fed opts for big rate move

Published 05:34 IST, September 19th 2024

US yield curve hits steepest in two years as Fed opts for big rate move

The widely tracked spread between U.S. two- and 10-year yields hit as wide as 10.2 bps and was last at 8.6 bps . A steeper curve suggests more easing is on the way.

Reported by: Thomson Reuters
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US economic growth slowed from mid-July to late August, prompting the Fed to consider lowering interest rates this month.
U.S. Treasury yield curve September 2024 | Image: Shutterstock
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05:34 IST, September 19th 2024