The 2-year Treasury yield has moved from 5.05% down to 3.81% over the last 7 trading days, which is the largest 7-day decline in yields (-124 bps) since October 19-28 in 1987 (Black Monday crash was on October 19). (twitter.com)
The 2-year Treasury yield has moved from 5.05% down to 3.81% over the last 7 trading days, which is the largest 7-day decline in yields (-124 bps) since October 19-28 in 1987 (Black Monday crash was on October 19).