Do dramatic changes in swap spreads indicate bigger problems brewing under the surface of the economy that market analysts have yet to recognize?

Treasuries tumble as interest rate liftoff is deemed a 'live possibility' by Janet Yellen.

Treasuries tumble as interest rate liftoff is deemed a 'live possibility' by Janet Yellen.

Narrower swap spreads may push corporate borrowing costs lower.

November expected to see most sales since U.S. Treasury stepped up issuance during the financial crisis.

November expected to see most sales since U.S. Treasury stepped up issuance during the financial crisis.

But Americans couldnt care less.

Banks push forecasts for first Fed hike into 2016.