US 2s10s falls definitively into negative territory on long-end led flattener

Author: Adam Button | Category: News

Inversion underway

The spread between US 2-year and 10-year yields is down -4.5 basis points. That's a new cycle extreme and it comes after strong consumer confidence data raised questions about how deeply the Fed will cut before year end.

The inversion, in turn, is adding to some jitters in stock markets and helping to push gold up to the best levels of the day.
Inversion underway

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