Courtesy of Mish.
Curve Watchers Anonymous notes treasury yields on the 10-year notes and 30-year long bond are within spitting distance of all-time low yields.
30-Year Bond Yield
10-Year Bond Yield
10-Year and 30-Year Yields Bottomed 18 Months Apart
- The 10-year yield hit an intraday low of 1.38% on July 21, 2012. It hit a record low close of 1.43% on July 25, 2012.
- The 30-year yield hit an intraday and closing low of 2.22% on January 24, 2014.
New record lows for both are in the batters box swinging.
Mike “Mish” shedlock
