Free fallin': US 2-year yields now down 11 basis points on the day

It's getting disorderly

This is the kind of thing that can end in a flash crash.

US 2-year yields are now down 11 basis points on the day to 1.95%. They have fallen 30 basis points since May 22.

2y yields 1

If you zoom in on the past few minutes you can see the quick breakdown.

2y yields

So far USD/JPY has held 108.50 but it can't fight the Treasury market.

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