Saturday, November 26, 2011

US 10 year breaks 2%

US bond yields fall to historical lows. Rating agencies continue to be out to lunch and don't notice that the bond vigilantes are ignoring them.

Bloomberg: Treasury 10-Year Yield Below 2% as Europe Debt Crisis Fuels Refuge Demand

1 comment:

Anonymous said...

I thought the bond markets were going to punish us for our "debt binge" They must be punishing us by buying our bonds.