For the past week, 10-Year Treasury rates remained unchanged. The net change over the past two weeks is an increase of 1 bp.
The red line represents current rates, while the green line shows rates from one week ago. Short-term rates have decreased, while longer-term rates have risen.
For terms of 5+ years, the yield curve is now showing a positive shape. As the Fed reduces its Fed funds rate, short-term rates are expected to decline further, and the yield curve will likely return to a normal positive slope.
Bill Knudson, Research Analyst LANDCO NEXA