If thought 275bp for the 2Y-10Y curve was wide, Reuters reports the curve hit a fresh record on Tuesday:
15:55 02Jun2009 RTRS-US 2-YR, 10-YR YIELD GAP HITS RECORD WIDE AT 277 BPS IN THE WAKE OF STRONGER-THAN-EXPECTED HOME DATA
Related links:
US pending home sales surge in April – FT
Bonds swamped in fair weather or foul – James Saft at Reuters
