For the past 2 weeks, 10-Year Treasury rates were down 28bp. Past week: down 23bp.
11.14.23 CPI came in at zero for the month of October.
Red line represents the most current rates, while the green line represents rates from one week ago.
Shorter-term rates decreased relative to longer-term rates; as a result, the inverted yield curve is less steep. For terms of 5+ years, the Yield Curve is positive. One-month rates were down 3bp.
Bill Knudson, Research Analyst LANDCO ARESC