In case you are wondering why the 10 year yield has dropped below 3%. Here is the answer.
The economy is slowing down and you can see this in the people fleeing corporate bonds and going into treasuries. Credit spreads are widening and it's a bad thing.
The economy is slowing down and you can see this in the people fleeing corporate bonds and going into treasuries. Credit spreads are widening and it's a bad thing.
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