For the past week, 10 Year Treasury rates were DOWN 6bp. Net change in 2 weeks decreased 10bp.

Red line are current rates while green line is one week ago. For longer terms, rates changes were down 6bp while 1 month was up 12bp . For terms 2+ years, the Yield Curve remains positive.

The positive sloped yield curve that had been occurring over the past few months is giving way to a negative slope in the medium terms.

Bill Knudson, Research Analyst LANDCO NEXA