Charts of the Week: is the US Yield Curve Steepening?
Under normal market conditions, any deviation in yields from the spline should lead to mean reversion back again. The 10 year yield has shown a "deteriorating" spread versus the spline for over 5 years. This could suggest some aspect of market stress (eg poorer liquidity, higher volatility or other factors).
Find out how to find the spline, how to customize a study of mean reversion levels in the 10 year spread versus the spline and some potential steepening implications for the 2s10s yield curve.
The session will reveal important market insights and demonstrate how you can create similar ideas yourself. The webinar tackles a key theme or asset class, using backtesting tools to provide analysis of the trends, anomalies, and technical insights you need to keep an eye on this week.
Speakers
TIM MCCULLOUGH
Technical Analysis Application Specialist
BLOOMBERG/ LONDON
Tim is the application specialist in Technical Analysis at Bloomberg LP in London, where he manages the rapidly increasing demand for charting and data visualization tools in EMEA.
He has over 30 years’ experience in financial markets, in trading, sales and research at major international banks, including State Street, UBS, BNP Paribas and Lloyds. He uses diverse but complementary technical methodologies, based on behavioral finance, to help Bloomberg clients to analyze sentiment in all asset classes and all conditions of volatility and liquidity.
In 2018 he additionally took an MSc in Financial Investigation, including a dissertation examining the dependency of financial markets on illicit flows from money laundering. He previously took a BA in Classics and is a full member of the Society of Technical Analysts in London and of IFTA.