Breakdown of Treasury Yield Ratio Suggests Changes Coming to Markets
The treasury yield ratio is the ratio of a long-term treasury yield to a short-term treasury yield. Although the yield ratio is not plotted exactly the same as the traditional yield curve, it has a similar importance in that it gauges changes in rates and maturities of treasury securities that will impact on financial markets. The yield ratio goes up as the spread between a long-term and a short-term rate widens, and vice versa. http://www.safehaven.com/article/20013/these-indicators-suggest-stock-markets-have-more-upside-and-gold-some-uncertainty
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