Yield curve not recession concern, could mean confidence: Fed's Bostic

Yield curve not recession concern, could mean confidence: Fed's Bostic

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Two-year yields rose again on Tuesday while that of longer-dated debt fell, continuing to flatten the curve, or narrow the gap, between them. Bostic, asked about the trend at an open forum, said it was not a primary policy signal for the central bank, which is raising rates in the face of slightly below-target inflation.

(Reporting by Jonathan Spicer; Editing by Chizu Nomiyama)

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