Since last month, the yield curve has shifted up across all maturities and has steepened slightly. The 3-year 3-month spread stands at 116 basis points, and the 10-year, 3-month spread is at 159 basis points - both above their historical averages.
Suggested citation: “Interest Rates,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-06, pp. 05, 06.01.1996.