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Markets - Fixed Income - Americas

US 30-year yield closes in on record low NEW YORK: The US 30-year Treasury yield slipped on Wednesday, approaching record lows, in a scramble for long-dated bonds on worries about sluggish global growth and bets on more unconventional stimulus measures from major central banks.Yields on other Treasury maturities edged up as investors reduced bond holdings on a rebound in stock and commodity prices for a second day following a rout triggered by Britain's stunning vote to leave the European Union.The yield on the 30-year, or long, Treasury bond fell to 2.247 percent earlier Wednesday before ticking up to 2.253 percent, which was down 2 basis points from Tuesday.The long bond yield was about 3 basis points away from its all-time low of 2.221 percent struck on Jan. 30, 2015, according to Reuters data."It's a symptom of the flight to safety. People are also forced to go out the curve to get yield," Thomas Roth, head of US Treasury ...
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