The yield curve after yesterday's bomb

This chart shows the effect of yesterday's announcement of the possible coming back of the 30-year US bond on the yield curve. Most of the damage was done in the 30-year bond contract (USM05), of course. The 10-year (TYM05), 5-year (FVM05) and 2-year (TUM05) notes reacted much less violently.


 

Categories: bond market, interest rates