Will Yield Curve Steepen or Flatten if Rates Rise?
Supply chain disruptions and demand shift from services to goods lifted inflation above 6%
Shape of yield curve likely to shift relative to Fed raising short-term rates, level of inflation, how well equity markets absorb changes in Fed policy
Will ending quantitative easing lead to the return of a risk premium being embedded in 10-year Treasuries for future inflation?
Fed might consider adopting a neutral rate policy, which places fed funds target range at around the 2% long-term inflation target
Lift-off for rates does not technically depend on Fed ending asset purchases first
