Strange Days! US Treasury Yield Curve Inverts at 6 Months (But Treasury Inflation Indexed Curve Is REALLY Inverted)

Now, here is something you don’t see everyday.

The US Treasury actives curve has inverted at the 6 month mark.

Bur the US Treasury Inflation Indexed Curve is REALLY inverted at 3 years. To near 0%.

This follows of the poor TIPS auction that showed little interest in inflation protection.

Of course, we are waiting for Congress to raise the Federal debt ceiling (which they invariably will) because Congress LOVES to spend your money. The US Federal debt to GDP rose from around 60% in late 2007 to 104% today.

Strange days!

screw the RIAA


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s