U.S. Corporate Profits and 10Y-3M Yield Curve
While the divergence between large-cap profits and the rest of the economy is the widest on record, the steepening yield curve suggests an earnings rebound.
Image: BofA Global Research
While the divergence between large-cap profits and the rest of the economy is the widest on record, the steepening yield curve suggests an earnings rebound.
Image: BofA Global Research