For the past 2 weeks, 10-Year Treasury rates were up 24bp. Past week: up 5bp.
Fed meeting 11.1.23 no change in rates. Next Fed meeting is scheduled for 12.13.23.
Red line represents the most current rates, while the green line represents rates from one week ago.
Longer-term rates rose relative to shorter-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 up slightly.
Bill Knudson, Research Analyst LANDCO ARESC