As Fed Says on Track, Narrowing Yield Curve Could Complicate Debate

As Fed Says on Track, Narrowing Yield Curve Could Complicate Debate
The seal for the Board of Governors of the Federal Reserve System is displayed in Washington, June 14, 2017. Joshua Roberts/Reuters
|Updated:

WASHINGTON—Top U.S. Federal Reserve officials say a strong economy will likely keep their rate increase plans intact, but on Dec. 3 a key signal began to waver that may intensify debate about whether conditions are as solid as they seem.

The gap in interest rates between 2-year and 10-year Treasury securities narrowed to its smallest in more than a decade, dipping below 0.15 percentage point.