Treasury Rates Update: November 24th, 2022
Daily changes in the US 10 Year Treasury rates are the blue bars while the red line is the 14-day cumulative change in rates: <1bp> cumulative DECREASE. For the blue bars, it is unusual to have changes of greater than 0.10 in a single day and 0.20 is VERY unusual. 30bp is beyond rare.
The Red line represents the most current rates while the green line is from one week ago.
Short-term rates increased this week while long term decreased, this increased the yield curve’s inversion. The Yield Curve for middle terms decreased and the longer term (5+ years) remain INVERTED.