Upcoming Key Economic Data Release:
The next new job release is 10.4.24.
The next inflation release 10.10.24
The next Fed meeting is 11.7.24
For the past week, 10 Year Treasury rates were UP 6bp. The net change in 2 weeks up 12bp.
The Red line is the most current rate while the green line was one week ago.
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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