BLOOMBERG Bloomberg July 4, 2024
The two year yield at 4. 97 on the day, essentially flat. The long end of the curve is where you see the real movement. These are the highest levels since 2011. The 10 year yield at 4. 30, up about five basis points. The highest level since 2007. We will talk more about the bond market with liz mccormick. If you take a look at what is happening in the yield story, explain the movement at the long end of the curve. Liz that has been the important thing among others this week because it just seems like the long end cannot get any good news to bring the rates down because you have the trifecta th...