European Union and Government Bonds

year: The 30-year Treasury bond yield TMUBMUSD30Y, -0.20% fell to 2.06% on Wednesday, following a relentless rally in long-term government bonds in the past few weeks, according to Market Watch. The 30-year yield pushed below its previous all-time low set in July 2016, when it touched 2.09% after the U.K. voted to leave the European Union. Investors said the 22 trillion U.S. government debt market hit this key milestone on a combination of factors including the growing world of negative-yielding government bonds, expectations for Fed easing spurred by rising recession concerns, and the absence of inflation pressures. Debt prices move in the opposite direction of yields. Bloomberg Caption outside of wrapper for normal article images The 30-year Treasury bond yield is near an all-time low The more widely-watched 10-year note yield TMUBMUSD10Y, 0.32% is still around 35 basis points away from its all-time low hit in July 2016, when it fell to 1.27% in July 2016. The rate for the so-called long bond had risen to a multiyear peak of 3.46% in November, but has steadily retreated since the U.S. central bank reversed its plans to push for rate hikes and later cut interest rates in July. (news.financializer.com). As reported in the news.