Yield curve update 2005/11/20

The following chart shows the yields of the 30-year US treasury bond (blue), 10-year US treasury note (black), 5-year US treasury note (red) and 13-week US treasury bill (green) during the past few years.



The interest rate rising policy of the Fed has broken the recently established downtrend in the 30-year yield. The 10-year downtrend is being tested but it is not quite broken yet.

The next step is to observe if the 30-year yield downtrend line will become a resistance line, stopping the rise, at least for a while.

Categories: interestrates, bondmarket