Bull Steepener
A change in the yield curve caused by short-term rates falling faster than long-term rates, resulting in a higher spread between the two rates. Investopedia Says:
A steepener differs from a flattener in that a steepener widens the yield curve while a flattener causes long-term and short-term rates to move closer together. When the yield curve is said to be a bull steepener it means that the higher spread is caused by the short-term rates, not long-term rates. Related Terms:
30-Year Treasury
Bear Flattener
Bear Steepener
Bull Flattener
Treasury Note
Yield Curve |