Treasury yields, as measured by the 10-year Treasury, were steady in the past week at 2.25% through June 1st. This is well below the 2.42% yield set on May 9th. Yields have collapsed from 2.62% on December 15th of last year. This is no surprise to our team as we thought rates would peak around the 2.6 level as data throughout early 2017 would remain weak.

Please click the link below to continue reading:
PVG Bond Report – 2017-06-07