Why the Yield Curve Is Steepening Again and What It Means

The yield curve has steepened sharply, with the 10-year Treasury yielding 4.57% and the 2-year at 4.16%, a spread of 37 basis points. But unlike the steepening that preceded past recessions, this one is driven by term premium, not growth optimism. Lucas and Luna break down the mechanics, what it means for fixed-income investors, and why the bond market is sending a different signal than stocks. They also touch on Dallas Fed President Logan's call for 'modestly' higher rates and how that fits into the Fed's new era of communication. A focused conversation on one of the most important macro signals of mid-2026. #YieldCurve #TreasuryYields #10YearTreasury #2YearTreasury #TermPremium #BondMarket #FixedIncome #FedPolicy #DallasFed #Logan #SteepeningCurve #Macro #InterestRates #Investing #Finance #FexingoBusiness #BusinessPodcast #BearMarketPodcast Keep every episode free: buymeacoffee.com/fexingo