The 5yr Treasury Yield Hits a Record Low
Author:
SoberLook
Location: Tokyo
Date: 2012-07-17
The recent compression in US treasury yields has been nothing
short of extraordinary. Driven by the full realization that we are
in a global
slowdown, the 5-year hit a record low today of just under 0.6%,
following a decline that has been ongoing for decades.
WSJ: - U.S. Treasury yields fell to the brink of new all-time lows [the 5-year is in fact at an all-time low today, but the WSJ reporter seems to only track the 10yr] as concerns about a U.S. economic slowdown spurred demand for financial safety, extending the market's rally this month. |
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