I'm sorry, but I don't even know how to Google for this question. If you watch the Bloomberg channel on cable there is a ticker that says "2-10", and it's around the treasuries. I thought it might be the 2yr to 10yr treasury spread. Unless, my math is wrong that is not it. What is it? I figured out what every one of those are, but that one is eluding me. Look at the one that just says 2-10. Please it's annoying me to death. Real quick, I just saw something about reddit on posts. I can't find the latest Wallstreetbets stuff on reddit. Did they jump to a new group? To keep the forum purists happy, I heard at the beginning of the year a call for $90 a barrel for oil, which hasn't happened. Now, another trading house recently is saying oil $100. I'm from Texas, and I've kind of have some skin in the game. Anyone else laughing at these calls, as well? Does anyone see the indicators saying oil breaking the $100 barrier? I haven't even reviewed it for myself.
If you put in 2-10 Treasury you would get:- https://www.google.com/search?q=2-1...hUKEwibjKjk8rjxAhXxSzABHbIGBvoQ4dUDCA8&uact=5
Thank you. That's what I thought it was. I figured my math was wrong. Some say 10-2, good to know. It's a long term indicator. I figured it was a yield curve signal of sorts with a bit of recent talk in the business press. Maybe after the mortgage scandal or prolonged real low rates it's superseding the 30 year bellwether a little at the moment. idk. Thank you! I really appreciate the confirmation. My Google query results sucked.
It’s technically the term spread. A healthy yield curve is upward sloping. When the spread between long term and short term rates narrows, it means that growth expectations are diminishing (aggregate view on rates and inflation is low).