Home -> Law Blog Directory -> Bailout Blogs -> Calculated Risk

Bailout

: Calculated Risk

Rates keep falling: 2-Year Treasury Yield Hits Record Low

By Anonymous

Just a look at falling treasury yields and mortgage rates ...

From Reuters: US 2-Year Treasury Yield Hits Record Low

The two-year U.S. Treasury note yield fell to a record low of 0.403 percent on Monday ... the 30-year T-bond rose almost a full point in price to yield 3.676 percent, down 4 bps.

The 10-year yield is down to 2.49% and, according to Freddie Mac (for the week ending Sept 30th): "The 30-year fixed-rate mortgage rate [4.32 percent] dropped to tie the survey?s all-time low and the 15-year fixed-rate [3.75 percent] set another record low." And mortgage rates have probably fallen further over the last week.

Lots of records ...

Full post as published by Calculated Risk on October 04, 2010 (boomark / email).