Treasury Parameters Live Sensitivity
4.65%
3.80% (Mid-2024 low) 5.02% (Oct 2023 Peak) 5.20%
0.75%
0.00% (Flat) 0.75% (Current) 1.50% (High risk)
2.45%
1.80% (Sub-target) 2.45% (Consensus) 3.50% (Surge)
Historical Benchmark Scenarios
Context: As reported by @spectatorindex, US 10-year yields surged to multi-month highs near levels not seen since October 2023 (when the 10Y hit 5.02%). Higher sovereign yields mechanically transmit into mortgage costs and corporate debt repricing.
30-Year Fixed Mortgage
7.35% +270 bps spread
Monthly payment on $400k: $2,755
BBB Corporate Borrowing
6.85% +220 bps spread
Investment grade spread cushion vs Treasuries
Equity Valuation Multiple Pressure
-11.4% Equity P/E drag
Model duration discount impact on growth equities
10-Year Real Yield (TIPS)
2.20% Restrictive territory
Nominal yield (4.65%) minus Inflation (2.45%)
Treasury Yield Term Structure vs Historical Benchmarks
Current Simulated
Oct 2023 High (5.02%)
Historical Baseline (4.00%)
Financial Asset / Sector Transmission Transmission Mechanism Simulated Rate / Cost October 2023 High Benchmark Spread / Drag
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