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PLW - Another One Inverts The Retching Cat Reaches Treasuries
Invesco 1-30 Laddered Treasury ETF
In 2022, as oil prices have mercifully plunged and fears of Russian spillover maybe temporarily abate, rate hikes have retaken center stage.
Long-term Treasury yields jumped on Monday, as they have over the past two weeks or so, with the entire back end of the yield curve being adjusted upward by expectations set by its front.
Over the last two days the yield curve finds itself already inverted, oddly enough, in the 7-year to 10-year spread.