US Treasury Yield Curve Shows Strong Steepening

The spread between 10-year and 2-year Treasury yields has widened to +65 basis points—approaching levels not seen since early 2022. This marks a significant shift in the fixed-income landscape.

What's noteworthy? The yield curve has remained positive for 15 consecutive months since the inversion ended last September. This normalization signals growing confidence in economic growth trajectories and shifts market expectations about future rate paths.

For crypto investors, Treasury yield dynamics matter considerably. A steepening curve typically reflects healthy economic expectations and can influence capital rotation between traditional assets and alternative investments like digital currencies. When long-term yields rise relative to short-term rates, it often signals institutional confidence in sustained growth—something worth monitoring as you evaluate your portfolio positioning.