
If you’re a nerd, you find this amazing
2 year Treasury bond yield continues to diverge T-bills Well, this nerd is amazed by it (and several other out of whack macro indicators), at least. The 3 month T-bill yield (close companion to the Fed Funds rate) continues to steam upward in a divergence to the 2 year Treasury bond yield. Or put another way, the 2 year Treasury yield is negatively diverging in … Continue reading If you’re a nerd, you find this amazing