10-Year Yield Hits All-Time Low

It only happened in the European market so I don’t think it’s quite official just yet, but the U.S. 10-year Treasury reached an all-time low this morning.

The bid yield on the benchmark 10-year Treasury note fell to 1.385% during European morning trade, briefly breaking below its previous intraday record of 1.389% hit on July 24, 2012, according to Tradeweb. The yield closed at a record low of 1.404% that day. Yields fall as bond prices rise.

The yield recently hit 1.422%, according to Tradeweb, still down around 0.07 of a percentage point on the day.

Posted by on July 1st, 2016 at 10:41 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.