10Y Treasury Yield Plunges Below 2.00% As Curve Collapses

This is not what The Fed's "insurance" rate-cut was supposed to do...

10Y Yield has just tumbled back below 2.00%...

This is the first drop below 2.00% since the payrolls-day spike on July 5th...

And the yield curve - wherever you look - is collapsing...

In other words - the bond market is screaming - "Policy Error!!"