5-Year Treasury Yield Tumbles Below 2.00% As Short-Squeeze Picks Up

Five-year Treasury yields have tumbled back below 2.00% to the lowest levels in almost three-weeks, extending the drop amid the weakest economic growth period for a rate-hike since 1980.

(Click on image to enlarge)

The yield curve has flattened dramatically in the week since The Fed hiked...

(Click on image to enlarge)

With net positioning near record high shorts, and everyone and their pet rabbit sure that a breakout above 2.15% was 'inevitable'...

(Click on image to enlarge)

We wonder what happens next.

Copyright ©2009-2014 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.