10-Year Treasury Note Greatly Oversold On Eve Of September Nonfarm Payroll Report
· seekingalpha.com
What’s interesting is that the 10-year Treasury is now oversold after one 25 bp move in 3 years, versus the move in fed funds from a 0% fed funds rate in early ’22 to over 5% in ’24.
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Probably a little wonky to view, but expand the above chart, which is the “weekly” 10-year Treasury yield chart.
Norma...