Dramatic decline in the yield on 10 Yr T - Explain

Trump was alright, he pumped markets.

 

I know Overnight will hate this but there were a number of markers suggesting the move in long-term rates was overdone.

 

Brown line is leading indicator for bond yields. Yields made new high and brown line did not.

 

You mean it poking the 2% level, and how I thought that was fairly high? You are right. But I have no feel for yields. *shrugs* T-Paper is beyond me.