Wednesday, March 31, 2010

For All the Recent Concern About the Treasury Sell-Off

Volatile? Yes. But, the yield of the ten year treasury bond is only 2 bps above below the level seen at the end of the year.

Source: Bloomberg

1 comment:

  1. It is always amazing to sit back and watch this market in a macro sense; aggressive buying (by some) of equities (and other risk assets) yet bond yields are denoting severe risk aversion. The best of both worlds it seems, or something is wrong.