interest rate drop this morning- tuesday

what caused the sharp rate drop this morning followed by a retracement?

thanks.

 

Bigly flows, buyers of duration...

 

I am looking at it as a intermediate term investment.

thanks for the info,

 

It's very expensive, but peeps love it...

 

Is there anything out there which is not expensive?

 

Cash isn't particularly expensive... All sorts of vol is pretty cheap. Nobody wants nether of 'em.