Fed Holds at 3.75%, But Treasury Curve Tells the Real Story
10Y-2Y Spread: 0.6% (normal)
10Y-2Y Spread: 0.6% (normal)
The bond market just sent a subtle but important signal: 10-year inflation expectations dropped to 2.26%, down from 2.28% just three trading days ago. That’s the lowest reading since mid-February, sug
The 10-year-2-year Treasury spread held steady at 0.6% this week, barely budging from its recent range. That might sound like market-moving excitement on par with watching paint dry — but this stabili
The effective federal funds rate has barely budged from 3.64% for six straight trading days, signaling that money markets have found their equilibrium after months of policy adjustments. This isn’t th
The 10-year breakeven inflation rate ticked down to 2.28% Thursday, barely budging from 2.29% the day before. What’s remarkable isn’t the microscopic daily move — it’s that long-term inflation expecta
The bond market is quietly telling a story of economic confidence. The spread between 10-year and 2-year Treasury yields held steady at 0.6% on Thursday, down just slightly from 0.61% the day before —
The effective federal funds rate has locked in at 3.64% for six straight days through February 19th — a sign that overnight lending markets have found their equilibrium after months of policy adjustme
The Federal Reserve kept its target rate unchanged at 3.5% through February 23rd, marking six straight days of stability in what’s becoming a critical holding pattern for the U.S. economy.
10Y-2Y Spread: 0.6% (normal)
The Federal Reserve’s benchmark rate dropped to 3.64% in January, down from 3.72% in December — the sixth consecutive monthly decline as the Fed continues cutting from last year’s cycle peak of over 5
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