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Should U.S. Treasury ((UST)) yields be this low, given the current investment landscape? It sure is an interesting question, don't you think? That being said, whether or not you feel the UST 10-Year yield should be trading at its current level of around 1.70%, the old adage "Don't fight the tape" comes to mind.
For those of you not familiar with that expression, it basically means, "Don't go against the current market trend." Typically, it was a statement for the stock market (ticker tape), hence the "tape" reference. However, we bond guys