US 10-Year Treasury Yield Plunges Below 2%
Jan 6, 2015, 18:46 IST
The yield on US 10-year Treasury bonds just plunged below 2%.
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In morning trade on Tuesday, the yield had previously dipped below 2%, but near 8:10 am ET, yields blew through that level to around 1.96%, the lowest since the October 15 "flash crash" that sent yields as low as 1.86%.
The leg lower in US Treasury yields comes as the German 10-year bund continues to press new lows, falling to as low as 0.44%.
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More to come ...