US 10 Year Treasury Down 7bp for the Single Week Ending 05/16/24

For the past week, 10-Year Treasury rates were down 7bp. The net change over 2 weeks is down 20bp.

The red line represents the most current rates, while the green line represents those from one week ago. Long-term rates decreased more relative to short-term rates; as a result, the inverted yield curve is more steep. For terms exceeding five years, the yield curve is positive.

Bill Knudson, Research Analyst LANDCO ARESC