Benchmark 10-year Yield Drops Below 3 Percent

Guest Posting by Bobby Quill

Concerns about the European debt crisis were further aggravated when Moody’s Investors Services downplayed Ireland’s credit rating, according to a report on the leading forex news and trading site Forexyard. This information held the yield on the 10-year Treasury bond under 3 percent on July 12.

In related news, CNNMoney.com reported on July 12 that the benchmark 10-year yield dropped under 3 percent for the first time since June 27. The yield ended the session at 2.88 percent. Experienced traders using online sites like Finexo know how to use this information to help them make trades which minimize their risks and improve the strength of their overall assets. The ability to gather information and analysis from leading forex news sites like fx360 provides every trader a competitive advantage.