Over the past week, 10-Year Treasury rates increased by 7 bp, bringing the net change over the past two weeks to 19 bp.
The red line represents the most 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 displaying a positive shape. As the Federal Reserve reduces the Fed funds rate, short-term rates are expected to decline, and the yield curve will likely return to a normal positive slope.
Bill Knudson, Research Analyst LANDCO NEXA