In one way, betting on a steeper 2s/10s yield curve indicates funds are hoping the trend of recent weeks continues – the curve steepened around 33 basis points in March, the biggest monthly steepening in a decade.

Source: https://www.shorenewsnetwork.com/2023/04/10/column-funds-dump-10-year-treasuries/

The RF MGS Index eased by 0.03% to 875.598 points as the MGS yield curve steepened following the increase in yields towards the longer end of the yield curve.

Source: https://timesofmalta.com/articles/view/trading-mia-takes-centre-stage.1015554