US 10 Year Treasury Increased 28bp for the Single Week Ending 10/19/23

For the past 2 weeks, 10-Year Treasury rates were up 25bp. Past week: up 28bp.

The next Fed meeting is scheduled for 11.1.23.

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