Why the Bond Market Is Watching the 3-Month Yield at 3.63

The 3-month Treasury yield has become the new anchor for the bond market, trading at 3.63 percent as of June 2026. In this episode, Lucas and Luna explore why this short-term rate matters more than the 10-year yield for understanding Fed policy and liquidity. They discuss how the front end is pricing in rate cuts that haven't happened yet, and what the flat 3-month tells us about the economy. With the 10-year at 4.55 and the 30-year approaching 5 percent, the yield curve is steepening in unexpected ways. The hosts also share how listener support through buy me a coffee dot com slash fexingo keeps the show ad-free and independent. #TreasuryYields #BondMarket #FederalReserve #ThreeMonthYield #YieldCurve #FixedIncome #MonetaryPolicy #TermPremium #Liquidity #CashIsKing #Investing #Finance #Business #FexingoBusiness #BusinessPodcast #BondPodcast #Treasuries #RateCuts Keep every episode free: buymeacoffee.com/fexingo