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 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)
With officials still grappling to divine the factors steepening the yield curve, a speedy decision on whether to ramp up the Treasury debt purchase program or the related plan to snap up mortgage - related debt seems unlikely. (reuters.com)