began to invert in late 2018 in a sign that often (but not always) precedes recessions. The spread between the 10-year Treasury yield and the 3-month Treasury yield first inverted in March 2019 while the spread between the 10-year rate and the 2-year rate inverted last summer. ...
The10-year Treasury yieldfell three basis points to 1.28% after dropping to below 1.25% for the first time ever earlier in the session. The 30-year Treasury yield dipped two basis points to 1.77%. The benchmark 10-year rate has fallen 20 basis points since Monday in a reflection of glob...
While DFS has never revoked the license of a large financial institution,[55] it did impose a year-long suspension of U.S. dollar clearing on BNP Paribas as part of a resolution relating to sanctions violations, obtain over $2 billion in fines from the ba...
The yield on the 3-month Treasury bill last traded at 2.462 percent while the yield on the 10-year Treasury note was at 2.434 percent, according to Refinitiv TradeWeb data. Friday marks the first time since 2007 that spread has been in negative territory. The German 10-year bund traded ...
The yield on the benchmark 10-year Treasury note hit the key psychological level of 3 percent Tuesday for the first time since January 2014 on Tuesday.
President Donald Trump’s chief economic advisor, Larry Kudlow, agreed that the spread between the 3-month yield and the 10-year yield is the most important difference to monitor. “It’s actually not 10s to 2s: it’s 10s to 3-month Treasury bills,” Kudlow said in May. “Very ...