AI-powered Treasury yield curve analysis
The 7-year Treasury rate posted the largest daily move, falling to 4.39 percent from 4.50 percent on Tuesday. The 10-year Treasury yield dropped to 4.57 percent from 4.67 percent, and the 20-year Treasury yield slipped to 5.10 percent from 5.19 percent.
At the top of the Treasury yield curve sits the 20-year Treasury yield at 5.19 percent, with the 30-year Treasury yield close behind at 5.18 percent. The lowest readings belong to the short end, where the 4-week Treasury bill rate, the 6-week rate, and the 2-month rate each stand at 3.66 percent.
Middle maturities moved higher over the past week. The 2-year Treasury rate climbed to 4.07 percent from 3.95 percent, the 5-year Treasury yield rose to 4.27 percent from 4.07 percent, and the 7-year Treasury rate advanced to 4.43 percent from 4.24 percent.
Treasury yields stood higher across the curve than one week ago, with the 30-year Treasury rate climbing from 4.95 percent on May 8 to 5.12 percent today.
Across the Treasury yield curve, the long end sits well above the front end, with the 30-year Treasury yield at 5.02 percent and the 20-year Treasury rate at 5.01 percent, leaving only a 1-hundredth gap between them.