Upcoming Key Economic Data Release:
The next new job release is 8.2.24.
The next inflation release 8.14.24
The next Fed meeting is 7.31.24
For the past week, 10 Year Treasury rates were unchanged. The net change in 2 weeks is DOWN 16bp.
The red line is the most current rate while green line is from one week ago.
Longer-term rates were unchanged relative to shorter-term rates, as such the inverted yield curve is steeper.
For terms 5+ years, the Yield Curve is BARELY positive.
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