The 3-Month Treasury Bill’s rate of 5.50% is currently the highest among US treasuries as of June 2023. It was 0% at the beginning of last year. The 3-month rate is currently higher than the 3-year by ...
The US Treasury yield curve is steepening, driven by expectations of short-term rate cuts and persistent long-term inflation. This article discusses the current steepener and examines the rationale, ...
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