After taking some damage lately (see Short vs. Long Term Yields Rise) the yield curve is bouncing today with players swinging to a risk ‘OFF’ stance with the curve rising and short term yields dropping more than long term yields.
After taking some damage lately (see Short vs. Long Term Yields Rise) the yield curve is bouncing today with players swinging to a risk ‘OFF’ stance with the curve rising and short term yields dropping more than long term yields. I guess yesterday’s inflation fears blew over already? Well, it is FOMC day so it makes sense that the market will self-flagellate as usual before the great and powerful Janet.
10, 5 & 2yr yields from Bloomberg
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