The 10→5→2 spread is settling down again today, with all yields down. There is little sign of systemic stress today by this measure, although a more risk ‘ON’ look would be a curve dropping with yields up.
The 10→5→2 spread is settling down again today, with all yields down. There is little sign of systemic stress today by this measure, although a more risk ‘ON’ look would be a curve dropping with yields up. Insert here ⇒ usual verbiage about singles days and vacuums.
10, 5 & 2 year yields from Bloomberg
None.
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