Low oil prices and safe haven demand have driven 10-year Treasuries to a new 3-month high. Buyers eye the spike high of October 2014 above 130. It seems like the Fed is not in a hurry to increase interest rates as long as there are no inflationary pressures in the economy. The 10-year Treasury yield is now down to 1,90%.
10-year Notes, daily candlechart:
Chart courtesy of investing.com. http://investing.com
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