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10-Year Treasury Bond Falls to Under 2% Overnight

edited June 2019 in Off-Topic
“TOKYO (Reuters) - A gauge of global stock markets edged near this year's peak while benchmark U.S. Treasury yields and the dollar dropped after the Federal Reserve signaled possible interest rate cuts later this year. ... Many investors viewed the overall tone as more dovish than their expectations, sending the 10-year U.S. Treasuries yield to as low as 1.986, its lowest level since November 2016. The two-year yield fell to 1.721%, a level last seen in November 2017.”

https://wdez.com/news/articles/2019/jun/20/global-stocks-rally-bond-yields-plunge-after-fed-hints-at-rate-cuts/

Comments

  • edited June 2019
    And gold futures are up $34 an ounce overnight. 2019 seems to be the year everything is working, cash is trash and we are all financial wizards.
  • "2019 seems to be the year everything is working, cash is trash and we are all financial wizards. " Only time will tell !
    Derf
  • edited June 2019
    Derf said:

    "2019 seems to be the year everything is working, cash is trash and we are all financial wizards”

    @Derf, Thank Jerome Powell for that.

    Wizards“ is the correct term. And some witches’ wisdom may apply. - “Double Bubble ... Toil and Trouble
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