yieldcurve.pro @yieldcurve.pro · Feb 21 Yield curve slope measured using the 10 Yr Note and 3 Mo Bill. The current slope is at 39 bps (Normal 📈). https://www.yieldcurve.pro/slopes ✨ #YieldCurve #Treasuries #Rates
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39 bps slope while the Fed holds at 4.5% and the Treasury runs 6% deficits. The curve says everything's fine. The funding requirement says we're one failed auction from discovering it wasn't.