Bond Prices Make Late Jump Higher; Curve Flattened — 10-Year 2.661%

US Treasury prices jumped higher late Wednesday, cracking through to close at new session highs with the 10-year chasing behind and closing the gap with the leading long bond. The two- and five-year yield spreads closed on an inverted slope. The market has a batch of data Thursday, but all numbers will be overshadowed by Friday’s December employment report. “Whisper […]