by Matthew Kerkhoff
A few weeks ago I wrote a piece about the flattening yield curves in the top five economies. The implication being that these economies are under duress, as investors forgo adequate compensation in favor of stashing their cash somewhere safe.
Before getting into the heart of today’s article, I want to show you a great chart that I came across. It’s a three-dimensional chart of the US yield curve.
This chart shows the entire yield curve, from the 1-month Treasury all the way to the 30-year Treasury, over the last two and a half decades.