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10Y Treasury Yield Plunges Below 2.00% As Curve Collapses

Courtesy of ZeroHedge. View original post here.

This is not what The Fed’s “insurance” rate-cut was supposed to do…

10Y Yield has just tumbled back below 2.00%…

This is the first drop below 2.00% since the payrolls-day spike on July 5th…

And the yield curve – wherever you look – is collapsing…

In other words – the bond market is screaming – “Policy Error!!”


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