Some Investors Had Hunch Yields Were About to Fall - USA DAILY NEWS

Some Investors Had Hunch Yields Were About to Fall

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Almost nobody saw the nosedive in bond yields coming, but a few players were positioned well enough to profit. Some think there is more room for yields to fall further.

The drop in 10-year Treasury yields in recent months has been rapid and in many quarters completely unexpected. The 10-year Treasury yield settled Friday at 2.085%, down from 3.23% in early November, the biggest decline over a similar stretch since early 2012.

Yields…

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