• If you are having problems logging in please use the Contact Us in the lower right hand corner of the forum page for assistance.

Two Year Treasury Notes At Record Low

Mike

Well-known member
Joined
Feb 10, 2005
Messages
28,482
Reaction score
0
Location
Montgomery, Al
WE TOLD YOU SO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Skip to comments.
Two-year Treasury yield drops to a record low
ap ^ | 8/4/11 | STAN CHOE AP Business Writer


NEW YORK (AP) -- Prices for Treasury securities jumped Thursday, sending the yield on the two-year note to a record low, as investors rushed to U.S. government debt in search of safety.

Stocks tumbled around the world on worries that the U.S. economy is weakening and that Europe's debt problems are getting worse. The Dow Jones industrial average fell 513 points, its biggest drop since December 2008.

The yield on the two-year Treasury note fell to 0.26 percent, a record low. Late Wednesday it was 0.34 percent. Bond yields fall when demand for them increases. That means traders are willing to accept smaller returns in exchange for investments they consider to be relatively stable.
 
Top