Loading ...Defensive Stocks Surge Ahead Of Payrolls As Entire Treasury Curve Is Now Inverted
And perhaps of most note, 30Y yields are now below the Fed Funds rate meaning the entire UST curve is now inverted…
Probably nothing!
10Y Yields hit a 1.93 handle overnight!!
2s30s has erased all of the steepening post-FOMC…
And this has pushed 10Y Yields back in line with S&P forward dividend yield expectations…
