Will $TNX catch up to shorter term yields?
G-Morning!
Shorter term yields haven't moved much as of late.
Demand has slowed down & this coincides with the expectation that the #fed will be cutting rates soon.
The 2Yr #yield recently caught up with the strength of the shorter term #InterestRates & looks to be settling in the area just like the others.
On the other end the 10 Yr #yield has been pumping.
HAs been strong & hasn't been this overbought since Sept 22.
Many compare #InterestRates to GFC (Great Financial Crisis) but they were on their way DOWN vs now, they are on the way up!
Back then this was not much of an issue because #debt was SIGNIFICANTLY lower. Compared to Trillions now.
TNX
Shorter term yields haven't moved much as of late.
Demand has slowed down & this coincides with the expectation that the #fed will be cutting rates soon.
The 2Yr #yield recently caught up with the strength of the shorter term #InterestRates & looks to be settling in the area just like the others.
On the other end the 10 Yr #yield has been pumping.
HAs been strong & hasn't been this overbought since Sept 22.
Many compare #InterestRates to GFC (Great Financial Crisis) but they were on their way DOWN vs now, they are on the way up!
Back then this was not much of an issue because #debt was SIGNIFICANTLY lower. Compared to Trillions now.
TNX