>>10172847 p
great cut the head of the obamacare serpent once and for all please
>Well we still have tonight.
One Way Out
In the wee hours Friday the overnight 10-year Treasury yield fell to 0.52%, its lowest ever beyond an intraday spell during whipsaw trading on March 9. Deutsche Bank research strategist Jim Reid put it this way:
The U.S. has been through depressions, deflations, wars, restrictive gold standard regimes, market crashes and many other major events and never before have we seen yields so low back to when the Founding Fathers formed the country.
The belly of the curve has likewise plumbed new depths, with the five-year Treasury yield finishing Friday at just 21 basis points, comfortably within the upper end of the overnight Fed Funds policy rate range of 0 to 0.25%.
Those diving nominal interest rates are even more notable because inflation expectations, as measured by the 10-year breakeven rate, have swiftly retraced most of their March collapse. "
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