2-year yield: 96 bps
10-year yield: 370 bps
2s-10s spread: 274 bps
I’m closing the flattener recommendation I initiated on March 8, when the 2s-10s spread was 283 bps. Previously, I recommended a flattener on Feb 9 at 282 bps and closed it on March 5 at 276 bps.