AI-powered Treasury yield curve analysis
Across the middle of the Treasury yield curve, intermediate maturities advanced this week. The 2-year Treasury rate climbed to 4.19 percent from 4.14 percent last Tuesday, and the 3-year sits at 4.18 percent, nearly matching its neighbor.
Short-term Treasury bills saw the steadiest trading on Monday, with the 4-week Treasury bill rate at 3.69 percent, the 6-week at 3.75 percent, and the 2-month at 3.81 percent, each moving little from Friday's levels.
At the long end of the Treasury yield curve, the 30-year Treasury yield stood at 4.98 percent on Thursday, higher than last week's 4.86 percent. The 20-year Treasury rate reached 4.99 percent, moving above the 30-year maturity.
At the short end of the Treasury yield curve, the 3-month Treasury bill rate held at 3.85 percent, unchanged from a week earlier. The 4-week Treasury bill rate stands at 3.67 percent, down from 3.70 percent on the previous business day, while the 6-week bill sits at 3.71 percent.
Long-dated maturities sit at the top of Tuesday's Treasury yield curve, with the 20-year Treasury yield at 4.93 percent and the 30-year Treasury rate at 4.91 percent. Both eased lower over the past week, from 4.96 percent and 4.94 percent respectively.