The Traderszone Network

Published in TZ Latest News 5 November, 2015 by The TZ Newswire Staff

10-Year Interest-Rate Swap Hits Record Low Vs. Yield

The rate on 10-year interest-rate swaps touched a record low relative to Treasury yields as balance-sheet constraints on bond dealers and corporate debt issuance undermined prices on U.S. government debt. The 10-year swap spread ended little changed after falling to negative 17.6 basis points Thursday, the lowest in Bloomberg data beginning in 1988. A basis point is 0.01 percentage point.

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