On-the-Run vs Off-the-Run Treasuries
On-the-run vs off-the-run Treasuries: what makes the newest auction issue the benchmark, why it yields less, and how buybacks target seasoned bonds.
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Treasury Yield Curve, H1 2026: Twist, Not Shift
H1 2026 Treasury yield curve review: a twist that lifted the belly while both ends held, a 2s10s spread that never inverted, and the 30-year's brush with 5%.