Courtesy of Mish.
Treasury Yields Drop Again
Curve Watcher's Anonymous notes a further plunge in yields today following the disastrous payroll and factory order reports.
Yield on the 30-year long bond fell to 2.80% from 2.85% yesterday. Yield on the 10-year note once again sports a 1-handle at 1.97%, down from 2.03%.
Treasury Yields vs. Month and Year Ago
Data plotted from Bloomberg US Treasury Yields.
Rate Hike Odds
Curve Watcher's Anonymous also has an eye on rate hike odds. Here is a chart I put together on the evolution of rate hike odds. I captured two previous data points. Today I added October 2.
Data for the above from CME FedWatch.
