Reply To: Traders Market Weekly: APR 3-9 — Yield Inversion & Inflation concerns


Longer-dated rates are outpacing shorter-dated rates, with the 10-yr yield up eight basis points to 2.63% and the 2-yr yield up three basis points to 2.54%.

Notably, the 10-yr yield is up 30 basis points since the start of the month, exerting valuation-oriented pressure on the growth stocks.

Rates have been fueled by expectations for the Fed to tighten policy more aggressively, so the FOMC Minutes for the March meeting, which will be released at 2:00 p.m. ET, will carry more weight than usual today.