Bottom Line: Year and Month Bill

bottom line: Asness found that when he averaged the two measures, both used to gauge the valuations of the long-term bond, this composite gauge indicated the 10-year yield was at its most expensive level since some months in the late 1970s, according to Market Watch. The bottom line is, as measured by real bond yield, U.S. Treasury bonds are really frickin' expensive, said Asness. In a blogpost on Tuesday, the co-founder of quantitative fund manager AQR Capital Management, assessed the attractiveness of the U.S. 10-year Treasury note by looking at its inflation-adjusted yield and the yield curve's slope as measured by the yield difference between the 3-month bill and the 10-year note. But, measured by the average of these two simple variables, they are 60 years just about record-low frickin' expensive, AQR Capital Management Caption outside of wrapper for normal article images See Bonds meet these four criteria for being in a bubble The 10-year Treasury note yield TMUBMUSD10Y, 1.92% traded at 1.605% on Wednesday, around its lowest levels since September 2016. But Asness doesn't see the current level of bonds yields as an excuse to time the market and short Treasurys, but rather to illustrate the simply eye-watering prices U.S. government debt is now fetching. The benchmark bond yield has given up around a single percentage point since the start of the year. (news.financializer.com). As reported in the news.