US Treasury Yields (10-Year and 2-Year)

전망 요약

Yields are declining and the curve is converging, but the 10-2 spread remains at a 'shock-prone' level near recession territory.

주요 포인트

• The 10-year yield dropped about 4.1 basis points following the ADP report.
• The yield curve is converging, currently sitting around the 68 basis point level.
• Historically, levels over 1.25 (125 bps) indicate a recessionary zone, while levels over 50 are shock-prone.