|One result of the current financial crisis has been a dramatic reduction in prices (i.e. real estate, oil, stocks, etc.) The scenario for the yield on US Treasury bonds (as with the fed funds rate) has been no different. For some perspective, today's chart illustrates the significant decline of both the fed funds rate (gray line) and the 10-year Treasury bond yield (thick blue line). As concerns over a potentially deep recession have increased and fears over inflation diminished, investors have moved significantly towards safety resulting in a dramatic decline of the 10-year Treasury bond yield (especially over the past couple of months). As today's chart illustrates, the long-term 10-year Treasury bond is once again testing resistance of its 23-year downtrend.Notes:
- Where's the market headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus.
Rate today's Chart of the Day
By voting every day you help us get you the charts you want to see.
Quote of the Day"Remember that time is money." - Benjamin Franklin
Events of the DayDecember 21, 2008 - First day of Winter (Northern Hemisphere) - Hanukkah (1st day)
December 25, 2008 - Christmas Day
December 26, 2008 - Kwanzaa (1st day)
January 01, 2009 - New Year's Day - Rose Bowl - Orange Bowl
Stocks of the Day-- Find out which stocks investors are focused on with the most active stocks today.
-- Which stocks are making big money? Find out with the biggest stock gainers today.
-- What are the largest companies? Find out with the largest companies by market cap.
-- Which stocks are the biggest dividend payers? Find out with the highest dividend paying stocks.
-- You can also quickly review the performance, dividend yield and market capitalization for each of the Dow Jones Industrial Average Companies as well as for each of the S&P 500 Companies.
Mailing List InfoChart of the Day is FREE to anyone who subscribes.
To ensure email delivery of Chart of the Day, add email@example.com to your whitelist.
Journalists and bloggers may post the above free Chart of the Day on their website as long as the chart is unedited and full credit is given with a live, do follow, text link to the Chart of the Day homepage using the following HTML...
If your site provides a list of helpful links, we would appreciate it if you added a link for Chart of the Day at http://www.chartoftheday.com. However, Chart of the Day Plus charts are to be viewed by paying Chart of the Day Plus subscribers only and may not be republished.
Chart of the Day is provided to subscribers without warranty of any kind and accepts no responsibility for its accuracy or for any consequences of its use.