The worldwide asset that dominated the dialog in a lot of 2023 and notably in This fall was the 10-year Treasury word. Nonetheless after a tumultuous yr, it finishes almost unchanged.
The ten-year closed 2022 at 3.83% and it closes right now at 3.87%. Within the meantime it fell as little as 3.25% on the spring regional US banking disaster and as excessive as 5.02% on the October debt rout.
The yearly chart paints a doji star, which is a sign of additional volatility forward.
10 yr yield yearly
Different adjustments on the bond curve:
- Two yr yields down 11.3 bps on the yr
- 30-year yields up 9 bps on the yr
