The yield curve has inverted big time today. Anybody know where I can get good yield curve charts? So far, I've found: http://www.stockcharts.com/charts/YieldCurve.html http://www.bloomberg.com/markets/rates/ I may just have to make my own....
Try http://www.economagic.com/fedbog.htm http://www.economagic.com/em-cgi/PW_MChartOmni.exe/save:economagic!fedbogCM3m152030y You can create a variety of charts, by turning advanced features on, and selecting desired series. I hope this helps.
anyone can explain why the 30 year rate dropped 10 basis points? I understand the new bond drew a yield of 4.53% , why does that cause the yield to drop from 4.64 to 4.47 at the open on Friday? How is the new yield calculated?
here's a less than exact answer: the 30 year tsy most often used to create the curve has just switched from the old one to the new issued (or when-issued) one which is a largely different bond than the previous. Plus the 30 yr has supply/demand technicals that are unique b/c its just getting out of the gates for the first time. add that and a dose of eco news. 10 bps tight can easily happen. I recall it was mostly the technical situation.