MISH'S
Global Economic
Trend Analysis

Recent Posts

Friday, May 21, 2010 12:47 PM


5-Year and 10-Year Treasury Yields Back at May 2009 Levels


Mish Moved to MishTalk.Com Click to Visit.

Curve watchers anonymous is watching the yield curve.

Weekly Closing Chart of Treasury Yields



click on chart for sharper image

This is how today looks on Bloomberg.



Even with today's bounce in equities, a bid remains for treasuries. This is a hint about underlying demand, and also about the so-called recovery that now seems to be gasping for air.

Note that 5 and 10-year treasury yields are at their lowest level since May of 2009. The 30-year long bond is approaching that level.

This sure isn't hyperinflation behavior. It's not even inflation behavior.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List

Last 10 Posts


Copyright 2009 Mike Shedlock. All Rights Reserved.
View My Stats