As I write, the 10-year yield on U.S. Treasuries is at 1.91%. I believe that is an all-time record low.
It’s a good thing nothing deflationary has ever happened in U.S. history or this might be a scary statistic.
(No worries. This is probably just the smart money fleeing Europe while there still is a “Europe”.)
Wish I had time to write more. And read more. Mostly read more.