In October 2018, we published our last “Special Comment” on the interest rate markets amidst what was heavy selling pressure.

This note promises to be a mirror image of that one, as interest rates have come crashing down amidst heavy buying pressure across the globe. Since the end of April, 10-year Treasury yields are now lower by nearly -1%, in what amounts to the biggest four-month bond-buying spree since 2011.

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About the author

Guy LeBas

Director, Custom Fixed Income Solutions

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