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
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
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
