Upcoming Key Economic Data Release:
The next new job release is 9.6.24.
The next inflation release 9.11.24
The next Fed meeting is 9.18.24
For the past week, 10 Year Treasury rates was DOWN 7bp. Net change in 2 weeks is DOWN 7bp.
Red line is most current rates while green line is one week ago. Shorter term rates were UP relative to longer term rates, as such the inverted yield curve is MORE steep. For terms 5+ years, the Yield Curve are now beginning to show a positive shape.
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