The tiny little bounce continues as the curve rises again today, with all maturities declining. A little risk off’y here.
10, 5 & 2 year yields from Bloomberg
May as well throw in a couple other indicators while we’re at it. TIP vs. TLT indicates that a little counter trend support could be setting for a bounce in precious metals, commodities, etc. Depending on what USD does with its over bought status. Junk bonds are weak but still showing a bullish hint vs. Treasury (and Investment Grade) bonds.
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