The U.S. 10-Year Treasury Yield closed at a record low on Tuesday, falling below 1.4% for the first time on record. Some traders think there is room for it to fall even lower, all the way down to 1.00. So .. should I rush out and buy that new car (with borrowed money)? Should home-owners with mortgages look at refinancing? Yes. Should savers keep their money in bonds or in fixed deposits? No. Well, unless you are a millionaire, just need to preserve your wealth, and don’t really need the interest to counter inflation. Then again, inflation is going nowhere the next 10 years, is the thinking now. So! I guess it’s the stock market for all the rest of the 99 percenters. Let’s ride the rollercoaster, Brexit or whatever may come.
