Key dates:
10.6.23 net new monthly jobs were robust.
10.12.23 CPI unchanged at 3.7%.
11.1.23 Next Fed meeting
Â
For the past 2 weeks, 10-year Treasury rates were up 9bp Past week: down 3bp.
Next Fed meeting 11.1.23.
Â
The red line is the most current rates while the green line is from one week ago.
Longer term rates rose 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.
Comentarios