The 10-Year T-Bond Yield Plunges

Just five months ago, you could have locked in a 10-year T-Bond at 5.33%. Earlier today, it hit 4.003%.
From Bloomberg:

“What we’re seeing is a panic demand,” said David Ader, head of U.S. government bond strategy in Greenwich, Connecticut, at RBS Greenwich Capital. “Liquidity is a great problem.”

Posted by Eddy Elfenbein on November 21st, 2007 at 10:21 am

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