YC steepening again today. 2's

    Dang, UUP ain't playin

    Posted by DigiNomad on 15th of Aug 2023 at 03:02 pm

    YC steepening again today. 2's 10's down to about .75 inversion. I kind of expected the long end to rise and meet the short end and eventually un invert that way (about the time the recession hits, historically). Anyway, that's not exactly how it's playing out....today it is, but the charts both look like they want to go higher (yields higher, not bond prices)

    10 yr yield spiked to

    Posted by DigiNomad on 15th of Aug 2023 at 03:10 pm

    10 yr yield spiked to 4.27 this morning before reversing a bit.  Lots of people have been saying a close about 4.25 would get the markets attention (not in a good way).  Getting close today! 

    2 year yield has a

    Posted by DigiNomad on 15th of Aug 2023 at 03:14 pm

    2 year yield has a bear flag look  (15 min). That makes the 2 year an interesting buy. I would say the opposite for the 10 year. Looks like maybe they're heading to meet each other in the middle. IF that happens, you could actually get some capital appreciation plus a decent yield buying the 2 year. 

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