How Steep Is Your Curve?

Poor Prospects Fixed Income Markets And The Yield Curve

The Distorted Yield Curve

This report argues that we are in a very ‘normal’ investment cycle. Global Liquidity, the stock market and industry group performances are all on-track in the Rebound investment regime. The only doubt may be the curious performance of fixed income markets. These have been distorted by governments undertaking explicit or indirect YCC (yield curve control). We show how this has biased yield curves and how it explains why economists have got this cycle so wrong!