For the past 2 weeks, 10 Year Treasury rates were down 8bp. Down 25bp in the past week Market swings have been less pronounced, trending down due to recession concerns.
Red line is the most current rate while the green line is from one week ago.
Short-term rates decreased by 15bp while longer-term rates were down 25bp for the week. The 10 Year is now at its lowest point for the year.
Yield curve inversion increased
Changes in the 10-Year US Treasury Rates over the First Quarter 2023.
This has implications for firms with Mark-to-Market assets in banking portfolios