For the past week, 10-Year Treasury rates decreased by 8bp, with a net change of 24bp down over the past two weeks.

The red line represents current rates, while the green line shows rates from one week ago. All terms have declined.

For terms of 5+ years, the yield curve is now displaying a positive shape. As the Federal Reserve lowers its Fed funds rate, short-term rates are expected to decrease, and the yield curve will return to a normal, positive slope.

Bill Knudson, Research Analyst LANDCO NEXA