First GDP estimate update of the quarter, and it’s already down by 0.8% from original estimate. 3Y Treasury Yield is looking to catch up to 20Y Yield after passing 30Y Yield.
by laflammaster 3Y Treasury Yield is looking to catch up to 20Y Yield after passing 30Y Yield. Everything is fine. Tick up for July ISM Services to 56.7 vs. 53.5 est. & 55.3 in prior month; new orders bounced back …