Why the Yield Curve Is Steepening Again in Spring 2026

With the 10-year Treasury yield falling to 4.56% while the 2-year stays flat, the yield curve is steepening for the first time in months. Lucas and Luna break down what's driving the move: a weaker consumer, the Fed stuck at 3.6%, and inflation expectations still sticky at 2.4%. They explain why a steeper curve is usually a recovery signal — but why this time it might mean something different. Plus: what the Russell 2000's 3.4% weekly gain tells us about where investors are rotating, and why small caps are suddenly the market's favorite bet for a rate cut. No jargon. Just the one concrete shift that connects the bond market to your 401(k). #YieldCurve #BondMarket #FederalReserve #SmallCaps #Russell2000 #TreasuryYields #Inflation #ConsumerSentiment #RateCuts #EconomicGrowth #Economics #FexingoBusiness #BusinessPodcast #USDollar #RecessionSignals #PortfolioStrategy #Macro #May2026 Keep every episode free: buymeacoffee.com/fexingo