For the past 2 weeks, 10-Year Treasury rates were up 27bp. In the past week, they were down 27bp.
Red line represents the most current rates, while the green line represents rates from one week ago.
Longer-term rates decreased relative to shorter-term rates; as a result, the inverted yield curve is steeper. For terms of 5 years or more, the yield curve is positive.
Bill Knudson, Research Analyst LANDCO ARESC