- Jun 9, 2014
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Founding Member
To you and @78 ...
Sorry I wasn't totally clear. I'm looking at this...
Daily Treasury Yield Curve Rates
It shows what you are saying in your last paragraph about the 3 mo and the 10 yr.
What I am really looking at is the "triangle" forming in the bottom left corner of the table where you draw a rough line from the March 1st 1 month down and over to the March 20th 7 and even 10 yr. I'm not worried about "flat" or even "inverted"... i'm looking at the steady march to "zero" which is basically everything to the left of the "line" I said to draw, and it's steadily moving to the right. At the beginning of the year, we had a fairly "normal" curve, just at low rates.
It’s unusual but not unprecedented. Toggle the chart to 2009. The yield on the 1-mo similarly bottoms out.