Treasury Yields Are Crashing

Friday, October 2, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
10/02/2015

Bloodbath for a near record short net Treasury speculative position as rate-hike odds collapse and the entire UST curve plunges. The belly is collapsing 13-15bps (biggest drop in 5Y and 7Y yields since January) and the long-end is dropping significantly. Between the 10Y highs of 2.0597% and lows of 1.9022%, the drop was 15.75bp – that is the biggest intraday drop since Sep 18, 2013, the day the Fed did not Taper. All yields are now lower on the year with 5Y near 2015 lows (down 42bps since end-Dec).

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter