The Traderszone Network

Published in TZ Latest News 16 August, 2014 by The TZ Newswire Staff

Europe is Helping Drive the Treasury Yields Lower

The yield on the 10-Year Treasury Note fell to 2.34% this week which is the lowest level in fourteen months. Heavy buying of Treasury bonds in an apparent flight to safety was a big reason for the yield plunge. A bigger reason may have signs of economic weakness overseas, mainly in Europe and Japan. Japan’s economy had a very bad second quarter, which kept pressure on its central bank to keep monetary policy very loose. Japan’s 10-Year yield is the lowest in the developed world at .50%. Bad economic news also came from Europe’s three biggest economies.

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