Interest Rates Since The Fed Started Hiking

Charts of the Week — July 19, 2017

The chart below shows various tenors of interest rates since the initial FOMC hike on December 17, 2015. 10-year yields are almost exactly where they were prior to this hike. 30-year yields are actually lower over this time period. At the same time, yields on the short end of the curve have marched much higher.… Continue reading Interest Rates Since The Fed Started Hiking

The chart below shows various tenors of interest rates since the initial FOMC hike on December 17, 2015. 10-year yields are almost exactly where they were prior to this hike. 30-year yields are actually lower over this time period.

At the same time, yields on the short end of the curve have marched much higher. A look at 3-month T-bills shows yields have shot up 84 basis points.

The flattening of the yield curve was a topic of a recent Conference Call.