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The 30-year Treasury bond yield plunges to an all-time low

Sunny Oh
The 30-year Treasury bond yield plunges to an all-time low

The yield for the longest-dated Treasury bond fell to its lowest level in history. Investors said the $22 trillion U.S. government debt market hit this key milestone on a combination of factors including the growing world of negative-yielding government bonds, expectations for Fed easing spurred by rising recession concerns, and the absence of inflation pressures. The 30-year Treasury bond yield (BX:TMUBMUSD30Y) fell to 2.06% on Wednesday, following a relentless rally in long-term government bonds in the past few weeks.