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Yield On 10-Year Treasuries Rises To 2% For The First Time Since Last April

Jan 28, 2013, 19:21 IST

Big milestone for the selloff in US debt.

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As the economy improves, and it becomes clear that the acute crises we were facing fade, the demand for safe-haven US Treasuries is dissipating.

Note that this happened on the same day as a German 1-year bond auction drew a positive yield fo the first time in ages.

All of the classic safe havens: Swiss Franc, Japanese Yen, German bonds, US bonds, are fading.

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