Yields Are Collapsing In The US, UK, Australia, And Germany

Avalanche mountain

Photo: Chagai, Wikimedia Commons

Markets are panicking today.Spain and Italy are getting crushed again.

The flip side of that coin? A major rush into safe-haven Treasuries.

US 10-year bonds are trading at 1.80% for the first time since early February.

The yield on the 30-year has dropped below 3.00%.

Meanwhile, yields are hitting record lows in the UK, Australia, and Germany. Anywhere seen as being “risk-free” (which is really code-word for having access to your printing press, which Germany basically does since it controls the ECB) is seeing massive bids.

Click here to see more on today’s market selloff >

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