Key dates and results:
10.12.23 CPI unchanged at 3.7%
10.19.23 week thereof, longer-term rates up 28bp
11.1.23 Fed meeting --No change in rates
11.2.23 net new monthly jobs were low.
11.14.23 next CPI report
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For the past 2 weeks, 10-year Treasury rates were down 24bp Past week: down 5bp.
Fed meeting 11.1.23 no change in rates. The next meeting is on 12.13.23
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The red line is the most current rate while the green line is one week ago.
Longer-term rates decreased relative to shorter-term rates, as such the inverted yield curve is less steep. For terms 5+ years, the Yield Curve is positive. One month rates were up slightly
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