Potential for Further Steepening of U.S. Treasury Yield Curve Observed
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
0mins
Source: WSJ
U.S. Treasury Curve Outlook: Natixis anticipates further steepening of the U.S. Treasury curve, driven by both cyclical and structural factors, with forecasts predicting the spread between two- and 10-year Treasury yields to widen to 85 bps in Q4 2023 and 105 bps by Q1 2026.
Norwegian Government Bonds: SEB Research suggests that the steepening pressure on the Norwegian government bond yield curve will ease due to limited bond supply, with expectations of further tightening of long-end Norwegian bonds against German bonds as Norges Bank is likely to implement rate cuts.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








