10-Year Treasury Yield at Lowest Ever

The yield on the 10-year Treasury note fell to the lowest level on record — likely driving down fixed interest rates on home loans near their all-time lows.

Global uncertainty over Great Britain’s recent vote to depart from the European Union dragged down stock prices, oil prices and bond yields Tuesday.

Data from the Department of the Treasury indicate that the yield on the 10-year Treasury note plummeted to 1.37 percent as of today’s market close.

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From:: Financing