US 10-Year Treasury Down 2bp for the Week Ending 3/21/24

For the past week, 10-Year Treasury rates were down 2bp. The net change over 2 weeks is up 18bp.

The red line represents the most current rates, while the green line represents those from one week ago.

Shorter-term rates decreased more relative to longer-term rates; as a result, the inverted yield curve is less steep.

For terms exceeding five years, the yield curve is positive.

Bill Knudson, Research Analyst LANDCO ARESC