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Despite the lengthy frigid weather, anglers are catching fish around the Chicago area, including some better whitefish action on Green Bay; and there is a good tip for Chain O Lakes access

Provided Despite the lengthy frigid and snowy weather, there is a good amount of ice fishing going on around Chicago area on building ice, including some deep-water action for whitefish on Green Bay, for this sprawling raw-file Midwest Fishing Report. I know more than a few of us wondered if deep-water fishing for whitefish on Green Bay would even happen this year, especially after the dramatic rescue of anglers from an ice floe the wind broke off last week. The answer, with the extended cold snap, is yes. Fraser Semple messaged this (a fuller report and a photo are in the Green Bay section):

This sprawling raw-file Midwest Fishing Report spans the great divide between fishing before Chicago s big snow and how it is now

Provided And it is a sprawling report, much more than I expected. Adrian Medina messaged the photo at the top and this (more in the CHAIN O’LAKES report): Hey dale ! Just finished fishing threw the storm bite was really good for only fishing 4hrs ( 5pm-9pm) we fished the chain , not one other single person out here tonight ICE FISHING DERBY The Island Lake Lions Ice Fishing Derby is Saturday, Feb. 6, from 7 a.m. to 2 p.m. It is headquartered at Eastway Park. Entry is $15 for adults, $5 for 15 and younger. LAKEFRONT PERCH Weather limited/stopped effort. Security varies in its dealings with fishing on the private property areas around the South Side slips, but in general be prepared to not be allowed to fish the private property areas. The small piece of Steelworkers Park at the eastern end of 87th is public land.

Ice fishing around Chicago leads this sprawling and snowy raw-file Midwest Fishing Report

Mike Norris Big Green Lake – Big Green is transitioning from soft water to ice right now with skim ice forming across a great deal of the lake. Having said that it looks like lake trout and cisco fishing will continue remain on hold until safer ice forms. This week’s forecast calls for nighttime temps to drop into the single digits by mid-week. But daytime temps will climb back above the freeze mark this weekend and into next week. Fox Lake – There are plenty of anglers venturing out into Fox Lake now with reports of seven inches of ice across most of the lake. The exception is the two open cracks running from Maple Point to the tip of Keno Trail. The Wisconsin Elite Series Ice Fishing Team Tournament held a one-day event on Fox Lake last Saturday. Under the Elite Series format, Teams can weigh in their single best caught gamefish and best two panfish. These three fish are then measured and the team with the longest combined number of inches wins the tournament. Tyle

TREASURIES-Yield curve flattens ahead of month-end

(New throughout) NEW YORK, Dec 30 (Reuters) - The U.S. Treasury yield curve flattened on Wednesday afternoon as traders bought longer-dated debt to rebalance their portfolios ahead of the month-end. The 30-year yield was last down 1.4 basis points at 1.660%, pulling the spread between five- and 30-year yields flatter to 129.5 basis points. That spread had hit a high of 131.2 basis points earlier in the day. The benchmark 10-year yield was a basis point lower at 0.925%, bringing the two-year, 10-year spread to 80.3 basis points. Traders must rebalance their portfolios at the end of the month, which can sometimes lead to market moves that are out of sync with news and economic data. The maturity of a bond portfolio falls at the end of the month as bonds move closer to their maturity date. In order to rebalance, traders buy longer-dated debt, which drives yields lower.

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