Tuesday, January 6, 2015

US 10-Year Treasury Yield Falls Below 2 Percent

The yield on benchmark 10-Year U.S. Treasury bonds fell below 2 percent on Tuesday as investors piled into safe-haven assets in the face of a weak outlook for global growth and inflation, and growing fears Greece may leave the euro zone.

It was the first time since mid-October that the 10-year yield had fallen below 2 percent while the 30-year U.S. yield fell to 2.555 percent, its lowest since July 2012.

Benchmark German and Japanese 10-year yields hit record lows of 0.484 percent and 0.287 percent, respectively.

via Reuters

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