This chart is actually quite important. I take a look at it all the time.
It would be quite interesting when it starts to fall, ever so slightly at first, just below the EFFR.
We also need to understand which arrow is the BIGGER one. The green or the RED. This can easily answer which is the bigger POTENTIAL :)
Good luck.
P/S : DO not just believe what I say....
Some people create their own storms. And then get upset when it starts to rain. US Debt Ceiling drama is akin to a soap opera that never ends.
Debt ceiling issue is not new. Why bother now? Political polarisation in the US has got to unprecedented levels. The showmanship could tip over into a political nightmare. It could send economic shockwaves with impact...
US01M - U.S. 1 Month Treasury Bonds
Long Idea, With Potential Upside Targets On Chart.
Enjoy!
(If this plays out, expect Equities and Crypto to get rekt'ed in the next 2-3 weeks.)
Hey everyone! 👋
This month, we wanted to explore the topic of interest rates; what they are, why they are important, and how you can use interest rate information in your trading. This is a topic that new traders typically gloss over when starting out, so we hope this is a helpful and actionable series for new people looking to learn more about macroeconomics and...
US10Y - US02Y , "Ten minus two" yield curve is what everyone talks about but I think if you look at all the yields together it's a much clearer story.
Only have data going back to 2002 :(
Light Gray Areas Indicate Recessions
PS there are a few uncommonly used government yields that I've hidden to make the graph easier to read. You can unhide them if you want.
US10Y - US02Y, "Ten minus two" yield curve is what everyone talks about but I think if you look at all the yield curves together it's a much clearer story.
Only have data going back to 2002 :(
Light Gray Areas Indicate Recessions
PS there are a few uncommonly used government yields that I've hidden to make the graph easier to read. You can unhide them if you want.
Appears that not everyone is convinced Powell will cut rates tomorrow. 1 month yield depends entirely on tomorrow's decision.
3 month yield might not move if they signal a cut un October.
