Over the past week, 10-Year Treasury rates increased by 6bp. The total change over two weeks amounts to 24bp.
The red line represents the most current rates, while the green line represents rates from one week ago.
Short-term rates increased relative to shorter-term rates; as a result, the inverted yield curve is less steep. For terms of 5 years or more, the yield curve is positive.
Bill Knudson, Research Analyst LANDCO ARESC