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General Discussion

Roland99

(53,342 posts) Mon Mar 9, 2020, 12:13 AM Mar 2020

11

entire U.S. Treasury yield curve from 3 months to 30 years is now below 1%

Link to tweet

😮

Insane.

18 replies

= new reply since forum marked as read

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entire U.S. Treasury yield curve from 3 months to 30 years is now below 1% (Original Post) Roland99 Mar 2020 OP

And I hope to refinance tomorrow nt coti Mar 2020 #1

Does this mean lower rates for things like HELOCS? uponit7771 Mar 2020 #2

Yes Sgent Mar 2020 #8

Well, yes, but.... Recursion Mar 2020 #10

Ah uponit7771 Mar 2020 #14

Looks like people are piling into treasuries for safety, at 2008 levels? uponit7771 Mar 2020 #3

They're dumping equities like they're pangolins from Wuhan Recursion Mar 2020 #11

What does the Bloomberg article say? I can't read it as I am over my limit of views this month. nt Quixote1818 Mar 2020 #4

next stop, negative rates on 30yr bonds Celerity Mar 2020 #5

Already there in some markets MoonlitKnight Mar 2020 #9

Does this signal a recession? brush Mar 2020 #6

Maybe much worse than that... TTUBatfan2008 Mar 2020 #7

Yes, because this is structural meaning something has changed in the way money.. uponit7771 Mar 2020 #15

Gold, silver other metals down too MoonlitKnight Mar 2020 #12

Next up. MASSIVE worldwide central bank QE. roamer65 Mar 2020 #13

All European markets down 6-7% Roland99 Mar 2020 #16

The *30-Year* is below 1% Recursion Mar 2020 #17

This looks like big money piling into t-bills world wide ... just wow !! uponit7771 Mar 2020 #18

coti

(4,612 posts)

1. And I hope to refinance tomorrow nt

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 12:22 AM

Mar 2020

uponit7771

(90,301 posts)

2. Does this mean lower rates for things like HELOCS?

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 01:13 AM

Mar 2020

Sgent

(5,857 posts)

8. Yes

Reply to uponit7771 (Reply #2)

Mon Mar 9, 2020, 02:47 AM

Mar 2020

30 and 15 year mortgages usually follow the 10yr treasury. Adjustable mortgages follow the specific bond in question (5yr for 5/1 ARM, etc.).

Recursion

(56,582 posts)

10. Well, yes, but....

Reply to uponit7771 (Reply #2)

Mon Mar 9, 2020, 05:07 AM

Mar 2020

It also means there's about to be a lot less money running around to pay those mortgages.

uponit7771

(90,301 posts)

14. Ah

Reply to Recursion (Reply #10)

Mon Mar 9, 2020, 06:14 AM

Mar 2020

uponit7771

(90,301 posts)

3. Looks like people are piling into treasuries for safety, at 2008 levels?

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 01:16 AM

Mar 2020

Recursion

(56,582 posts)

11. They're dumping equities like they're pangolins from Wuhan

Reply to uponit7771 (Reply #3)

Mon Mar 9, 2020, 05:08 AM

Mar 2020

NYSE had to halt overnight trading and the DJIA is set to open down 5%.

Quixote1818

(28,918 posts)

4. What does the Bloomberg article say? I can't read it as I am over my limit of views this month. nt

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 01:19 AM

Mar 2020

Celerity

(43,077 posts)

5. next stop, negative rates on 30yr bonds

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 01:20 AM

Mar 2020

MoonlitKnight

(1,584 posts)

9. Already there in some markets

Reply to Celerity (Reply #5)

Mon Mar 9, 2020, 04:11 AM

Mar 2020

brush

(53,737 posts)

6. Does this signal a recession?

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 01:27 AM

Mar 2020

TTUBatfan2008

(3,623 posts)

7. Maybe much worse than that...

Reply to brush (Reply #6)

Mon Mar 9, 2020, 02:36 AM

Mar 2020

We're seeing stuff that has never happened before. Very scary. Could be leading into Great Depression Part 2.

uponit7771

(90,301 posts)

15. Yes, because this is structural meaning something has changed in the way money..

Reply to brush (Reply #6)

Mon Mar 9, 2020, 06:18 AM

Mar 2020

... flows.

China and Italy tanking their GDP for the virus means slow down.

Dumb Donald is siding with the CV19 over Americans so the slow down here will be more felt

MoonlitKnight

(1,584 posts)

12. Gold, silver other metals down too

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 05:21 AM

Mar 2020

Heck, even corn, soybeans, coffee and sugar are down. Lumber down.

roamer65

(36,744 posts)

13. Next up. MASSIVE worldwide central bank QE.

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 05:31 AM

Mar 2020

They are going start buying up every financial instrument that isn’t nailed to the floor.

Roland99

(53,342 posts)

16. All European markets down 6-7%

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 07:54 AM

Mar 2020

Recursion

(56,582 posts)

17. The *30-Year* is below 1%

Reply to Roland99 (Original post)

Mon Mar 9, 2020, 07:54 AM

Mar 2020

This is completely uncharted territory

uponit7771

(90,301 posts)

18. This looks like big money piling into t-bills world wide ... just wow !!

Reply to Recursion (Reply #17)

Mon Mar 9, 2020, 07:59 AM

Mar 2020

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