
August 2, 2011 The 5-year bond yield has nose-dived 16 bps today, crashing through “support” at 2.00%. It’s the biggest plunge in yields since March 2009. As of this writing, the 5yr GoC sits at 1.87%—seemingly en route to its 28-month low of 1.835%. Yields are hurtling lower in response to a slew of negatives… Read More

