The spread between the 2-year Treasury note yield and the 10-year note yield touched its flattest level since 2007, amid a searing rally in long-dated...
The spread between the 2-year Treasury note yield TMUBMUSD02Y, -3.22% and the 10-year note yield TMUBMUSD10Y, -5.72% touched its flattest level since 2007, amid a searing rally in long-dated government paper on Monday. A widely-watched gauge of the yield curve by market participants, the 2-year/10-year spread narrowed to 6 basis points, according to FactSet data. This comes as the 10-year Treasury note yield has nearly halved since it reached a multiyear peak of 3.
25% in last October, with the benchmark rate trading at 1.65% on Monday. Debt prices move in the opposite direction of yields. A flatter yield curve can indicate investor worries that monetary policy remains too tight.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
5 things to know before the stock market opens MondayDow is set to drop, 10-year yield goes back under 1.7%, Goldman Sachs lowers growth forecast, Hong Kong protests escalate, and BlackRock buys a major stake in Sports Illustrated's owner.
Read more »
Investors who fear recession will miss out on record market gains, long-time bull Ed Yardeni predictsYardeni Research's Edward Yardeni doesn't believe falling Treasury yields will derail the bull market.
Read more »
US Treasury yields tick lower amid trade war concernsU.S. government debt prices were slightly higher Monday morning, amid ongoing trade tensions between the world's two largest economies.
Read more »
Everything Miley Cyrus & Liam Hemsworth Said About Their MarriageThe couple announced their split on Saturday, after seven months of marriage and 10 years together.
Read more »
Where Miley Cyrus and Liam Hemsworth's Relationship Went WrongThe two recently celebrated 10 years of being together
Read more »