The Yield Curve and Monetary Policy in 2018

[BeckyDem]

Christopher Waller
Executive Vice President and Director of Research
Federal Reserve Bank of St. Louis
May 22, 2018

What Is the Yield Curve?

The yield curve is a plot of a Treasury bond’s maturity against its rate of return at a given point in time.•
While the curve normally slopes upward, on rare occasions the slope turns negative.

https://web.archive.org/web/20181006162247/https://www.stlouisfed.org/~/media/Files/PDFs/DWTF/Yield_Curve_Waller_052218.pdf

[NCjack]

1. Please give us your insight on the yield curve. nt

[BeckyDem]

2. First, I am no expert.

My understanding is that we're going to see a recession.

[SkipG]

3. Thanks for the post

Here's an interesting/fun look at the yield curve over time. Play with it:

https://stockcharts.com/freecharts/yieldcurve.php

cheers