Despite June Hike Talk, Yield Curve is Not Cooperating

``The real story, that Bloomberg missed completely, is the short end of the curve is rising faster than the long end. If the economy was truly strengthening, the long end of the curve would be rising far faster than the short end as more hikes get priced in... A flat yield curve is not conducive to increased bank lending or bank profits. So let's see how many hikes the Fed gets in.''