Sterling fell 1 % against the dollar following the announcement, while British government bond
yields hit record lows and the main share index rose by 1 %.
Still reeling from the effects of Britain's decision to leave the European Union, global investors showed increased demand for the safe haven of U.S. Treasuries, resulting in the 10 - year U.S. Treasury
yield hitting a record low on July 6th.
(Note: The 10 - year
yield hit its record low of 1.36 % in July of 2016.)
Not exact matches
With market volatility
hitting multi-decade lows, junk bond
yields also at
record lows, the median price / revenue ratio of S&P 500 constituents at a
record high well - beyond 2000 levels, and the most strenuously overvalued, overbought, overbullish syndromes we define, I'm increasingly concerned about the potential for an abrupt «air pocket» in the prices of risky assets that could attend even a modest upward shift in risk premiums.
And in the face of
record valuations and
record debt, we're seeing rising interest rates (the
yield on the 10 - year Treasury
hit 3 % last week for the first time since 2014) and other signs of inflation like rising oil and copper prices.
The
yield on the benchmark 10 - year Treasury note, which moves inversely to its price,
hit a
record of 1.378 percent, while the
yield on the 30 - year Treasury bond was down at 2.1529 percent.
Even corporate junk bonds aren't so high -
yield these days, with those securities
yielding 6.36 percent on Friday, after
hitting a
record low of 5.98 percent last week.
After
hitting a
record low
yield of -0.23 % on July 8, 2016, the S&P Japan Government Bond Index rebounded following a modest stimulus announcement later that month.
Tracking Puerto Rico municipal bonds since December 1998, the S&P Municipal Bond Puerto Rico Index
hit a
record high
yield on September 9, 2013 with the index reaching a weighted average
yield of slightly over 7 %.
He said there was cause for caution with equity markets
hitting record highs, government bonds historically expensive, corporate and high -
yield spreads at
record lows, and «bitcoin mania» taking hold, creating a market capitalization of $ 500 billion with «as far as we can tell, zero intrinsic value.»
The drop in mortgage rates has come as bond
yields have
hit record low levels.
30 Year Fixed Rate Loan at a Cost of One Point: 3.5 % * (APR = 3.73 %) Rates remain very low, as bond
yields are
hitting record lows in Europe as a result of continued weak economic reports.