India appears to be an outlier in terms of its steep and steepening yield curve

There’s a lot of discussion of the flattening of the yield curve, and what it portends, in the US (see this post, Irwin/NYT). Interestingly, yield curves are flattening around the world, even in some emerging markets.

Read more: http://econbrowser.com/archives/2016/07/decomposing-changes-in-term-spreads-around-the-world

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