by Chris Becker
Todays chart of the day is from Trading Economics:
The yield on 10 year government bonds reached a near 40 year low, hitting 2.606% overnight. For context, the average yield from 1969 has been 7.69%, with an all time high of 16.4% in May 1982. This corresponds roughly with the moves in the US 10 year Treasury market as well:
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