Treasury 10Y-2Y Slope Flattens Again, UST-German Bund 10Y Spread Nears Multi-year High

Like the Limbo Rock, the US Treasury 10Y-2Y slope continues to see how low it will go.  It has flattened to 37.61 basis points.

newlow

How low will it go?

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The US Treasury 10Y spread over the 10Y German Bund is near its multi-year high.

treasbundssp

Not now Jay, we’re doing the limbo!

Boozecruise

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