Tuesday, April 28, 2009

Updated UST 2s10s Chart

10 Years today rallied to the highest level since the QE announcement, at 3.015%. Additionally, the 2s10s curve is now 10 bps steeper than the pre Quantitative Easing announcement. Just in time for the Fed's QE v2.0 announcement tomorrow. What is another trillion in treasury purchases to US taxpayers? Someone has to pad Bill Gross' pocket. We should all be grateful for the privilege.

10 Year TSY chart below:

Sphere: Related Content
Print this post
blog comments powered by Disqus