Short-term Treasury Yields – Significance

In at least two past posts on short-term Treasury yields, those of July 20, 2010 (“2-Year Treasury: Odd Occurrences”) and November 23, 2009 (“Two Notable Developments”) I have discussed the significance of the ultra-low yields seen on the 2-Year Treasury Note and the 3-Month Bill. Here are updated charts of each, as of Friday’s close. …

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2-Year Treasury: Odd Occurrences

I have written of “odd occurrences” and their significance, most recently in the July 14 post. The yield of the 2-Year Treasury is one example of these “odd occurrences.”  Here is a 3 year daily chart: click on chart to enlarge image; chart courtesy of StockCharts.com Plotted below the 2-Year Treasury yield is the price …

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Two Notable Developments

I would like to highlight two notable developments that have lately arisen. Both have to do with interest rates on short-term US Government securities – the 3-month bill and 2-year note. First, a chart of each of these securities’ yields.  Shown is a daily chart from January 2008 to the present, in LOG scale to show detail:      Charts Courtesy …

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