The yield on Treasury notes just keep on falling.  Today the yield on the 10-year note dipped below 3.0%.  This produces for investors negative real yields.  The market is in part keying off weak economic numbers which for some herald another double-dip.  At the same time bond bigfoot Bill Gross is out defending his call for higher yields.  Perhaps he should focus on the longer term trends which for now point towards continued low rates.  In today’s screencast a quick bond market review.

Items mentioned in the above screencast:

The yield on the 10-year Treasury note breaches 3%.  (FT)

More weak economic numbers.  (Pragmatic Capitalism)

Bill Gross on the dangers of “financial repression.”  (Money Game, MarketBeat, FT Alphaville)

A long term look at Treasury bond yields.  (Market Anthropology)

Daily price chart of the iShares Barclays 20+ Year Treasury Bond ETF (TLT).  (Finviz)