Seeking Alpha
What is your profession? ×
Investment strategy, economy
Profile| Send Message|
( followers)

Here's a mid-week update on Treasury yields, an area of especial interest in light of the Fed's QE2 strategy. Note the greater and earlier rise in yields as the yield curve lengthens. The 30-year yields (auction today) began rising in early September. Yesterday it hit 4.25, a 21% rise from its 3.52 low on August 31.

The first chart shows the daily performance of several Treasuries and the Fed Funds Rate since 2007. The source for the yields is the Daily Treasury Yield Curve Rates from the US Department of the Treasury and the New York Fed's website for the FFR.

Click to View
(Click to enlarge)

The next chart is an overlay of the CBOE Interest Rate 10-Year Treasury Note (TNX) and the S&P 500.

Click to View
(Click to enlarge)

For a long-term view of weekly Treasury yields, also focusing on the 10-year, see my Treasury Yields in Perspective, which includes a chart series I update monthly or more frequently if warranted.

Disclosure: No position