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Implications of a Flat Yield Curve

September 2018
We are now at a point in which investors are receiving only modest compensation for moving further out on the Treasury yield curve. As the Federal Reserve continues to increase short-term interest rates, there is also the potential for the curve to invert. Regardless of the investor, we believe understanding the implications of holding fixed income at different points along the curve is critical given the range of investor objectives, the shape of the yield curve and the potentially disparate diversification benefits. Our Rocaton Insights: Implications of a Flat Yield Curve provides historical perspective on the shape of the yield curve and outlines potential strategies for different investor types.
 
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