Muppets Skewered: 10 Year Treasury At 1.999%

10Y Treasuries just broke below 2% yields for the first time in a month. Was it just 3 weeks ago that Goldman suggested selling bonds and buying stocks?

10Y < 2% once again...

Almost 40bps lower in yield since Goldman's prescient Muppet-mauling short suggestion...

 

meanwhile 2Y Bund yields just crossed under 2Y JGBs for the first time ever...

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