Treasury yields tumble to 14-month low


Macro concerns trump Fed hawkishness as the 10-year Treasury yield falls another five basis points to 2.37%, its lowest since June of 2013. The yield on the long bond is down four basis points to 3.20%.

In shorter maturities, the 5-year note is down four bps to 1.56%.

A check of Eurodolloar futures finds them higher, but still predicting the first rate hike by next June.

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Comments (5)
  • bbro
    , contributor
    Comments (10928) | Send Message
     
    December 2016...2%....September 2018....3%....no recession has started over the last 60 years with short rates under 3%....
    8 Aug 2014, 07:57 AM Reply Like
  • 5981831
    , contributor
    Comments (30) | Send Message
     
    there is always a first
    8 Aug 2014, 09:32 AM Reply Like
  • bbro
    , contributor
    Comments (10928) | Send Message
     
    True...Place your bets gentlemen...
    8 Aug 2014, 09:50 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4706) | Send Message
     
    Economy still growing at less than 2% annually, geopolitics could clamp down any further growth, if Russia makes a move we all stand to lose a great deal.
    8 Aug 2014, 11:13 AM Reply Like
  • economist11
    , contributor
    Comments (80) | Send Message
     
    I think this is a short term dip in interest rates in a long term trend upward. The article cites "macro concerns"; but I'll bet that China just bought more US treasuries to park their dollars.
    8 Aug 2014, 12:55 PM Reply Like
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