US Treasury 10Y Yield Falls To Lowest Level Since May 1, 2013 (German 10Y At All-time Low)

So much for the prognosticators saying that Treasury yields (and mortgage rates) will rise 100 basis points by the end of 2016. Maybe they still will, but the trend is against it.
The US Treasury 10 year yield has now fallen to the lowest level since the May Day massacre of 2013 when Treasury and mortgage rates spiked,
The 10Y-2Y yield curve slope broke through the 90 barrier and its lowest level since late 2007.

This post was published at Wall Street Examiner on June 9, 2016.