The yield spread between short-term and longer-duration US government bonds is narrowing, reflecting investors’ bets the Fed wil

[familyguy1988]

A news article stated: “The yield spread between short-term and longer-duration US government bonds is narrowing, reflecting investors’ bets the Fed will be cautious.”
Can someone help me explain what they mean.
Also I dont see the narrowing based on this data
https://www.treasury.gov/resource-center/data-chart-center/interest-rate...
Many thanks,

 

[chad.sandstedt]

The yield on the 1-year is up about 20 bp, the 5-year is up 15 bp, the 10-year is up 10 bp and the 30-year is up 5 bp. I think this is what the author was referring to. It’s not like the yield curve flipped, but it is a little flatter.

 

[familyguy1988]

thanks chad