Treasuries continue to rally with 30Y outperforming but it is the 10Y that is crucial as it just broke through a key support level around 2.57% yield to its lowest in almost 7 months.
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And as Goldman notes
Yields have broken support - This includes the lows from Feb. 3rd and May 5th. There's a fairly wide gap below it down to ~2.47% (Oct. ’13 low/38.2% of the May/Sep. ’13 rise). The likelihood of reaching that level seems to be increasing
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