A post by @DeItaone on X.

The 30-year Treasury yield climbed 6.3 basis points while the two-year yield jumped 17.4 basis points, according to a market update from Walter Bloomberg (@DeItaone). The move reflects a sharp repricing across the curve, with the front end underperforming the long end by a wide margin. The larger two-year increase signals traders are recalibrating expectations for near-term Federal Reserve policy, while the more modest long-end rise suggests less change in longer-run growth and inflation views. The spread between the two maturities narrowed as a result, a dynamic worth watching for clues on the market's rate-path outlook.