24 Mar 2023

The spread between 30-year and 5-year US Treasury yields is positive again!

The difference between the 30-year and 5-year U.S. Treasury yields has risen sharply, which is another signal sent by the market regarding the FED's monetary policy (reduction by the end of the year?) and concerns about the current situation of the U.S. economy. It is interesting to note that the last time the US yield curve (30y-5y) was in negative territory before rising sharply was just before the internet crisis (2001) and the global financial crisis (2008)... More volatility ahead? Source: Bloomberg

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