For the past 2 weeks, 10-Year Treasury rates were up by 17 bp. In the past week, they were up by 3 bp. The next Fed meeting is scheduled for 9/20/23. There was very little reaction to the CPI announcement on 9/13/23.
The red line represents the most current rates, while the green line represents rates from one week ago.
There was very little change this past week, with the 10-year rate up by 2 bp. This change made the inverted yield curve less steep. One-month rates remained unchanged.
Bill Knudson, Research Analyst LANDCO ARESC