30-year Treasury bond yield falls below 2% level for first time
After falling to an all-time low Wednesday (http://www.marketwatch.com/story/the-30-year-treasury-bond-yield-is-on-the-brink-of-falling-to-an-all-time-low-2019-08-12), the 30-year U.S. Treasury bond yield dropped under the 2% level for the first time early Thursday in Asian trading. The longest-dated Treasury bond dropped to 2.06% during U.S. trading, and was last at 1.97%. The 30-year yield's previous all-time low was set in July 2016, when it touched 2.09% after the U.K.'s Brexit vote. Debt prices move in the opposite direction of yields.
-Mike Murphy; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
August 14, 2019 23:12 ET (03:12 GMT)
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