⚖️❗️U.S. Curve Flattens The Most Over Last Month: Cable FX Macro
- Rosbel Durán
- May 28, 2023
- 1 min read
**As seen in Macro Walk report 05/27/23, subscribe at cablefxm.co.uk/reports
The U.S. Treasury yield curve extended higher on the week, the 2-year yield jumped by 29.5 basis points, this translates into an increase of about 50 basis points over the last month
All curves have fattened across our watch list, Treasuries led the move at around 21.5 basis points to an inversion of 76.3 basis points
The U.S. Treasury yield curve is now the most inverted since mid-March
We recently heard from the RBNZ, kiwi sovereign rates were bid on the week. NZ 2-year dropped by 18.8 basis points to breach 4.0% to the downside
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