The 'mystery' of falling interest rates solved
- Mark Densel
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(may 13 2014) Global bond rates have dropped to their lowest levels of the year 2014 as central bankers signify their determination to help the earth's largest economies out of their respective slumps, the Wall Street Journal stated.
Investors purchased United State, British & German government bonds, driving the yield on the ten-year Treasury note to as low as 2.5 percent on Thursday -- the lowest ebb in more than 6 months. Government bond prices, which transcend in the opposite direction of yields, went up.