Yield Curve Today

The 10 to 5 to 2 spread is rising today with all nominal items dropping.  It’s a risk ‘OFF’ alignment.

10.5.2
10, 5 & 2 year yields from Bloomberg

Again, any one day is just one day.  The trend remains one of no inflation fears and no systemic stress by this indicator (though junk-quality bond spreads and now LIBOR beg to differ).

10.2

Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at NFTRH.com and Biiwii.com.