10-Year Treasury Yield Lowest Since 1955

At 2.81%, the yield on the 10-Year Treasury Note has fallen to its lowest level since 1955. Below we highlight two charts of 10-Year Yields from 1900-1962 (monthly) and 1962-present (daily). While 2.81% is low compared to the last 50 years, the yield was actually lower than that from about 1935 to 1955.

Comments

[WAKEUP:]

When the current debilitating financial situation was beginning to show its potential devastation I said, with tongue in cheek, that we are headed back to 1955. Good Lord, it looks like I was right!!!

2008 Dec 02 03:28 PM