The document discusses the excessive flatness in the 5s-10s yield curve, attributing it to various factors including the Fed's differing projections on the terminal Fed funds rate. It includes a table showing the difference in FOMC projections over time and discusses the term premium trends. The document also recaps recent Treasury auctions.
documents/vol00010-efta01457191-pdf.pdf
{"title":"US Fixed Income Weekly","key_people":["Federal Reserve members"],"document_date":"2015-03-27","document_type":"tabular","key_organizations":["Federal Reserve","Deutsche Bank"]}