Shades of ’87 as Treasury Yields Plummet
March 27, 2023 at 08:00 AM EDT
Bank woes raise questions about the Fed’s next move. Investors’ sudden hunger for U.S. government bonds has pushed yields to their lowest levels in months—and created much uncertainty about what happens next in the Fed’s battle against inflation. In a notable move, the yield on the 2-year Treasury plummeted 106 basis points from last Wednesday’s close through [...] The post Shades of ’87 as Treasury Yields Plummet appeared first on ETF Trends .
