NEW YORK (MarketWatch) -- Treasury prices added to gains, pushing 2-year yields back to the lowest on record, after a report said the U.S. economy grew at a 2.4% pace in the second quarter, a little slower than many analysts expected and heightening concerns that the economy may struggle to recover. http://www.marketwatch.com/story/us-2-year-yields-back-to-record-lows-after-gdp-2010-07-30
At some point, the US Treasury is going to be a "widows and orphans short". Will that be at 2% yield? 1%?
Interest rates are meaningless, bubble ben bernanke will do anything he can to keep rates as low as possible for as long as possible creating yet another crisis in the years to come. Bubble ben bernanke is intervening way too much and not letting the markets take their own course, this is going to lead to great problems in years to come.