Yield Curve Steepeners

To the 2 Horsemen (Gold/Silver Ratio & USD) we should add Amigo #3, the Yield Curve as another important macro sign to watch for.

The 10yr-2yr curve is only on a small bounce and still in a flattening trend. This is at yesterday’s close.

yield curve

But the 30yr-5yr is doing something else, in real time. That looks like a thing trying to change its trend.

tyx-fvx

Here is the current real time signaling from Treasury bond yield land (source: Investing.com). On an in-day basis at least, 10yr-2yr is still on a steepener. It’s the trends that are important (and these spreads are both still trending down or flattening), but they have to start somewhere. So it’s worth keeping close watch.

Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD $345.00) for an in-depth weekly market report, interim market updates and NFTRH+ chart and trade setup ideas, all archived/posted at the site and delivered to your inbox.

You can also keep up to date with plenty of actionable public content at NFTRH.com by using the email form on the right sidebar and get even more by joining our free eLetter. Or follow via Twitter @BiiwiiNFTRH, StockTwits or RSS. Also check out the quality market writers at Biiwii.com.