How Yield Curves Flattened Everywhere In 2014

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In case you didn’t notice, 2014 was not the year of the big recovery, and the global yield curves all agree on that

https://static-ssl.businessinsider.com/image/53fa105969beddeb2d7af3ea-1200-924/mario-draghi-janet-yellen-3.jpg

Yes, politicians all around the world seem to be more or less proud of what they did (?) in 2014, but those evil people that form “the market” do not agree:

Yield curves flattened all around the World. 
Yields we already really low at the beginning of 2014, so this further drop is not good news: the market did not see any significant recovery in 2014, and, most of all, they do not really expect anything similar to solid economic growth in the coming period.

 

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