Treasury Rates Update: April 20th, 2023
For the past 2 weeks, 10 Year Treasury rates were up 24bp. Up 9 bp in the past week.
Market swings are less pronounced.
Red line is the most current rate while the green line is from one week ago.
The entire yield curve increased by 15bp however the one-month rate DECREASED by 68bp. The prior week it was down 49bp. These are very decreases.
Yield curve inversion continues.
1 Month US Treasuries are in a free fall. 134bp drop in 3 weeks. Flight to safety from deposits in excess of $250,000? Anticipating Fed to curtail rate increases and maintain liquidity for the equity markets.