Almost exactly an hour ago we advised that the 10-year was plunging to new lows hitting 2.03%, a massive drop from the open at 2.29%.
Well, fast forward 60 minutes, and the 10-year has re-traced almost the entire swing, with rates surging to 2.274%!
Congrats Mr. Chairman on issuing an FOMC statement that is so uncertain that the 10-year is now trading with the volatility of Blythe's arch-nemesis itself.
-1.906%
VALUE: 2.274
US Generic Govt 10 Year Yield (USGG10YR:IND)
| Summary | One-Year Chart INTERACTIVE CHART | ||
|---|---|---|---|
| Value | 2.274 | | |
| Change | -0.044 (-1.906%) | ||
| Open | 2.29 | ||
| High | 2.44 | ||
| Low | 2.03 | ||
