US stocks open little changed. Trading above and below unchanged levels

US yields flatten the yield curve a littleThe US a major stock indices are opening up little changed

  • S&P indexes down -1.0 points or -0.04% at 2587
  • the NASDAQ composite index is up five points or 0.08% at 6771
  • the Dow industrial average is up 1.52 points, unchanged on the day at 23540.

In the US debt market, 2-year yields are up little while 30 year bond yields are down a little.  That is a flattening of the US yield curve:

  •  2-year notes 1.6207, +0.6 basis points
  • 5-year note 1.991%, unchanged
  • 10 year note 2.327%, -0.5 basis points
  • 30 year bond 2.804%, -0.8 basis points

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