Upcoming Key Economic Data Release:
The next new job release is 11.1.24.
The next inflation release is 11.13.24
The next Fed meeting is 11.7.24
For the past week, 10-year Treasury rates were unchanged. The net change in 2 weeks is up 30bp.
The red line is the most current rate while the green line is from one week ago. Virtually no change over the week.
For terms 5+ years, the Yield Curve is now showing a positive shape. As the Fed decreases its Fed funds rate, short-term rates will decrease and the yield curve will return to a normal positive slope.
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