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Podcast: Market Matters from New York Life Investment Management
Episode: Anatomy of a bear steepener (October 30, 2023)
Description: The U.S. Treasury yield curve has been inverted for over a year, but with longer dated Treasury yields rising fast, markets may be in for a shift. Lauren Goodwin and Julia Hermann unpack the relatively rare occurrence of today’s bear steepener, including what it means for interest rate-sensitive investments.