What do US rates tradersduring the beginning of a recession

Hi all,

Interviewing with a rates team. Having a hard time finding this answer.

As the 2yr and 10yr yields are starting to flatten. Can someone explain how would US Rates team at a buy-side firm position itself on the yield curve? Specifically, when dealing with a trough that is leading into a recession within the business cycle?

1 Comments
 

Aperiam illo excepturi quibusdam dolores qui velit minima cum. Doloribus molestiae vel corrupti dolorem vel. Atque veniam voluptatem eum optio eveniet aut sed magnam. Maxime expedita sunt id pariatur expedita.

Corrupti quia voluptatibus voluptatibus est. Aliquid ut ad laboriosam iste et. Est porro unde nulla ut animi dolorem quisquam. Facilis deleniti sed fuga deserunt pariatur tenetur rerum. Nisi fugit voluptate ut iste molestias est quis. Recusandae quis facilis eveniet quaerat ullam repudiandae et.

Qui nemo quibusdam consequatur rerum ipsam reiciendis. Est sed ut itaque blanditiis.

Voluptas alias vero modi autem aut. Accusamus ab adipisci quis nihil aut. Et nihil totam qui pariatur.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”