# Why the Yield Curve Is Steepening in 2026 Page: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-the-yield-curve-is-steepening-in-2026 Text version: https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-the-yield-curve-is-steepening-in-2026.md Podcast: [Economic Indicators with Fexingo: GDP, CPI, PMI, and Reading the Macro Data](https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725) Published: 2026-06-19T05:47:07+00:00 Episode link: https://audio.fexingo.com/business/economic-indicators/episode-0061.mp3 Audio file: https://audio.fexingo.com/business/economic-indicators/episode-0061.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/why-the-yield-curve-is-steepening-in-2026 Duration seconds: 461 ## Resource In this June 2026 episode, Lucas and Luna unpack why the Treasury yield curve is steepening even as the Fed holds rates steady. With the 2-year at 3.66%, the 10-year at 4.45%, and the 30-year at 4.90%, the spread between short and long-term bonds is the widest in years. They explore what this signals about growth expectations, inflation, and the new Fed chair's first meeting. Plus, a look at how this steepening contrasts with the inverted curve of 2023 and what it means for your portfolio. #YieldCurve #SteepeningYieldCurve #TreasuryBonds #FedPolicy #KevinWarsh #InterestRates #BondMarket #InflationExpectations #EconomicIndicators #GDPGrowth #TenYearTreasury #TwoYearTreasury #ThirtyYearTreasury #InvestmentStrategy #MacroEconomics #BusinessPodcast #FexingoBusiness #EconomicsShow Keep every episode free: buymeacoffee.com/fexingo ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/episodes/why-the-yield-curve-is-steepening-in-2026/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/economic-indicators-with-fexingo-gdp-cpi-pmi-and-reading-the-macro-data-7871725/why-the-yield-curve-is-steepening-in-2026.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.