Terrific Treasuries

With so much global turmoil, the declining yields on US Treasuries isn’t surprising as investors across the globe pour money into to Treasuries given their status as the world’s safest investment. Another reason is that close to $800 billion in European sovereign euro-denominated debt, equal to almost 6% of all euro-denominated sovereign debt, offers investors negative yields. Add to that a rising US dollar and US debt looks pretty attractive.