Another 10 basis point jumps in Treasury yields, this time at the 2-year Treasury Note.
The 10Y-2Y Treasury slope just flattened to +26 BPS.
See also Biden claims it is not his fault if we default on our debt... Treasury Secretary Yellen claims that the 14th Amendment cannot be appropriately used to raise the debt ceiling.
Another step in rising mortgage rates!
Washington DC is anything but Harmony Hall.