Positions that have recently come undone include betting on steepening yield curves and inflation expectations (inflation - linked over nominal bonds)-- and in equity markets, picking value over growth shares. (blackrockblog.com)
The Bank of Japan overnightsaid it would continue its 80 trillion yen of asset purchases, but it would focus on steepening the yield curve. (nbr.com)
The broader implications of steepening yield curves globally go way beyond the narrow technicalities of the altered scope of ECB or BoJ quantitative easing (QE). (blackrockblog.com)