Friday, August 06, 2010

Two Year Treasury Yields Drop Below .5% First Time Ever; 30Yr/10Yr Spread Widens Again

In the wake of yet another anemic jobs report, Two-Year Treasury Notes Drop to Record Low Yield. http://noir.bloomberg.com/apps/news?pid ... GCDiHVxqOY

Treasuries rallied, pushing two-year note yields below 0.50 percent for the first time, after the government’s payrolls report showed the economy lost more jobs in July than economists forecast.

“Everything you look at is much weaker and keeps the same pro-Treasury sentiment,â€