This afternoon, 8/23/18, with the 2-year yield near 2.61% and the 10-year yield under 2.82%, the 2-10 yield spread narrows to 20.75 basis points. This is the flattest the yield curve has been since 2007 about 11 years ago but no one cares since they are too busy buying stocks. Perhaps a 2-10 spread in the teens will get everyone's attention? 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.
Note Added 8:10 PM EST Thursday Evening, 8/23/18 (9:10 AM Friday Tokyo; 2:10 AM Friday Central Europe; 1:10 AM Friday London): The US 2-10 spread narrows to 19.98 basis points; a 19-handle!! The 2-10 spread is now in the teens! The 2-year yield is up to 2.62% and the 10-year at 2.82%.
Note Added Saturday, 8/25/18: The US 2-10 spread narrows to 18.80 basis points during the Friday session; an 18-handle!!
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