Bull Flattening
Bull Flattening is a fixed-income market move where the yield curve flattens as long-term yields fall relative to short-term yields, often with higher prices for longer-dated bonds.
Example: In a period of easing expectations, the 10-year Treasury yield fell more than the 2-year yield, producing a bull flattening as prices rose on the 10-year and 30-year maturities.
💬 Comments