*BofA Merrill’s Ciana Says Yield Curve Could Invert 50 Basis Points, Gold May Hit $2,300
*30-year Treasury bond yield falls below 2% level for first time
Aug 14, 2019 11:12 p.m. ET
MarketWatch
After falling to an all-time low Wednesday, the 30-year U.S. Treasury bond yield TMUBMUSD30Y, -2.13% dropped under the 2% level for the first time early Thursday in Asian trading. The longest-dated Treasury bond dropped to 2.06% during U.S. trading, and was last at 1.97%. The 30-year yield’s previous all-time low was set in July 2016, when it touched 2.09% after the U.K.’s Brexit vote. Debt prices move in the opposite direction of yields.
-END-
Make that three, just in this afternoon:
WSJ
ECB Has Big Bazooka Primed for September, Top Official Says
Updated Aug. 15, 2019 1:17 pm ET
HELSINKI—The European Central Bank will announce a package of stimulus measures at its next policy meeting in September that should exceed investors’ expectations, a top official at the central bank said…