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.
US Generic Govt 10 Year Yield (USGG10YR:IND)
|Summary||One-Year Chart INTERACTIVE CHART|