Collapse of the Yield Curve

Includes: DIA, QQQ, SPY
by: Eddy Elfenbein

I ran a chart like this a few weeks ago, but it's worth revisiting.

The collapse of the yield curve is simply stunning. Not that long ago, all of the lines were fairly stable. Now, they're plunging (at least, the blue and black) and there seems to be no end in sight.