Rattled Investors Paying a Premium for Long-Term Treasurys
Wall Street Journal, Jan. 20, 2016–Zeng, Min
The global scramble to snap up safer assets intensified Wednesday, sending the yield on the 10-year U.S. Treasury note below 2% and restoring an unusual situation in which investors willingly pay more for longer-term bonds than for an equivalent series of shorter-term securities.
