The 30-year yield is in retreat, like all other yields in the US and around the world, as the global economy stutters. Global growth is questionable going forward. Falling oil prices have a lot to do with lack of demand. The 30-year yield drops to 2.12% at the low yesterday.
US Treasury notes and bonds are in a 3-decade rally (higher bond and note prices and lower yields). The Treasury action has moved sideways the last three years, however, the collapse in the 30-year yield teases the all-time record low at 2.102% and all-time record closing low at 2.11% both on 7/8/16 about 3 years ago. The globe is falling into a disinflationary and deflationary funk after the central banks spent 11 years making the wealthy privileged class, that own large stock portfolios, filthy rich. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
Note Added Friday Morning, 8/9/19: The 30-year yield is at 2.23%.
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