Yield Curve
Our Portfolio Allocation Summary for September 2025.
Monetary policy surprises shape curve trade returns. We show where steepeners and flatteners offer the best risk-reward in today’s market.
Our Portfolio Allocation Summary for August 2025.
Investors should anticipate above average Treasury returns during the next 12 months, and curve steepeners will continue to profit.
We discuss the implications of this morning’s CPI report and the relative attractiveness of 2/5 Treasury curve steepeners.
Our Portfolio Allocation Summary for July 2025.
The Treasury/OIS spread has exerted notable upward pressure on Treasury yields during the past year, but the factors driving the spread are now turning more favorable.
Our Portfolio Allocation Summary for June 2025.
