BREAKING - U.S. Treasury Bonds: 10-year yield sinks to record low

NEW YORK (CNNMoney) -- Investors flocked to the safety of U.S. Treasuries on Wednesday, pushing the yield on the benchmark 10-year note to a new record low.

The yield on the 10-year note fell to a low of 1.647% early Wednesday.

Worries about a deepening debt crisis in Europe and contagion threats have spooked investors on both sides of the Atlantic.

[link to money.cnn.com]


This morning the 10-year US Treasury (^AXTEN) note yield hit an all-time low.

Despite all-time lows in yields, investors can’t seem to get enough bonds.

Investing in bonds now bears similarities to investing in stocks 12 years ago or real estate six years ago.

Here is the annual chart of the 10-year note yield since 1800:

[link to image.minyanville.com]

So we are at historical lows for bond yields on an annual, monthly, daily, and intraday basis over a time span covering at least 212 years.

What happens when a major asset trades at an all-time yield low?

Read more: [link to www.minyanville.com]