Weekly Forecast, September 30, 2022: Market Rate Expectations Step Up
A rational extraction of market expectations from the US Treasury yield history since 1962 shows an upward shift this week. Read more here.
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A rational extraction of market expectations from the US Treasury yield history since 1962 shows an upward shift this week. Read more here.
The negative 2-year/10-year Treasury spread has now persisted for 53 trading days, widening significantly this week to a negative 45 basis points from negative 23 basis points last week.
The forward 1-month U.S. Treasury yield now peaks at 4.98%, up 3 basis points from last week. Click here to read more about the weekly forecast.
The peak In 1-month forward Treasury rates climbed to 4.95% by Friday in a delayed reaction to Chairman Powell's comments of the week before.
We present the SAS Weekly Forecast as of August 5, 2022. Inverted Treasury Yields: Inverted now, 87.5% probability by February 3, 2023.