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- By David Aughinbaugh II
10 Year Treasury Note Falls Back Below 2.4
The 10 Year U.S. Treasury Note has fallen back bellow 2.4 percent. It looks as if the ceiling at 2.4 percent remains intact. Today the note is down 29 basis points, which could be related to the next Federal Reserve Chairperson selection. The note had fallen below 2.4 percent on Monday, October, 30th, 2017 and has remained down since.
It will be interesting to see where the 10 year note heads during the last quarter of 2017.