US 10 year yield falls back to 2%

Lowest level since Feb 13th.

The high close came in at 2.1379.

Yields are down along the whole curve with the 30 year bond yield down to 2.6102 (from 2.7339 peak). 2 Year notes are down to 0.5733% from a peak of 0.6642.

The bond market is saying, the Fed is on hold for a longer time period and that is weighing on yields (and the dollar as well today).

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