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 is the most current rate while the green line is from one week ago.
Rates for ALL terms were DOWN this week due to the CPI being down. The Yield Curve for short terms remains steep while the longer term (5+ years) remains INVERTED. Note 10 year rates were DOWN 32bp for this past week while the 5-year was off 41bp.
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