William Lee: US yield curve may flatten further on credit demand
Global Economic Advisors’ William Lee expects the US yield curve to flatten further, citing moderating long-end yields but renewed upward pressure tied to strong global credit demand.
William Lee, Chief Economist and Managing Director, Global Economic Advisors, expects the US yield curve to flatten further, with long-end yields moderating but facing renewed upward pressure from strong global demand for credit.
He says the US fiscal position and the capital expenditure buildup li…