Tuesday, July 17, 2018

One year yield jump

As the earth turns the one year treasury changes rates.  Our trade partners have a different term structure. Today it jumped almost 5 basis points even though it was stable for a week.  The  one to ten slope dropped to 47 basis points. We are  approaching a decider, let gu ru  uo the ten year and crash housing, or let the curve invert.

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