Thursday, March 2, 2017

UST2Y US 2-Year Treasury Note Yield Chart at 2009 Levels

The UST2Y 2-year yield chart shows yield now at levels not seen since 2009. This morning the 2-year yield is up to 1.32%. The 2-year rises as the expectations for a Fed rate hike on 3/15/17 increase. The Fed heads have been out in force touting a rate hike in 13 days. The Fed Funds futures went from only a 30% chance of a hike as of last Friday to a 86% chance of a hike now. Chair Yellen wanted the 3/15/17 to be a live meeting so she receives this in spades. Yellen had better provide the rate hike that her henchmen are touting or the Fed, and Yellen, will lose credibility. Yellen may not have wanted the chances for a hike to spike near 90%, which means it is a done deal, but she had her surrogates tout hawkishness and now the bond traders are shoving it down her throat. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.