Seven reasons to fade the growth scare
It is astonishing to see the market narrative shift in the space of only a few months from “inflation is coming” to a growth scare. In late March, the 10-year Treasury yield topped at over 1.7% and the 2s10s yield curve was steepening. Today, the 10-year has decisively broken support and the yield curve is flattening, indicating fears of slowing economic growth.
Source: http://humblestudentofthemarkets.blogspot.com/2021/07/seven-reasons-to-fade-growth-scare.html
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