The 10Y US Treasury yield is now down 11bps from the FOMC Statement, plunging back below 2.00% for the first time since November 2016, erasing almost the entire move since President Trump was elected…
30Y is also extending its gains, with the yield dumping to 2.50%, erasing all of the post-Trump growth move…
And the jaws of death keep yawning wider…
Something’s gotta give (reminder, Friday is quad witch)!
via ZeroHedge News http://bit.ly/2Y2DBFc Tyler Durden