6-Month/1-Year Spread Rises

The spread between the six-month and one-year Treasury yields recently hit 0.20% for the first time in more than five years. That’s up from four basis points in November.

This is yet another sign that the market thinks higher rates are coming soon.

The one-year Treasury closed today at 0.26% while the six-month bill stood at 0.07%. That implies that the six-month bill will yield 0.45% six months from now.

Posted by Eddy Elfenbein on June 2nd, 2015 at 6:27 pm

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