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.
Another step in rising mortgage rates!
Washington DC is anything but Harmony Hall.
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Step! 2-year Treasury Yield Rises +10.5 Basis Points On Fed Tightening, 10Y-2Y Yield Curve Flattens