Appeal of Treasuries: 10-Year Treasury Yield Hits Record Low

We spotted this today:

"The yield on the benchmark 10-year Treasury note dropped to a record low on Friday, as worries about European debt, a weak U.S. economy and anticipation of a new round of quantitative easing boosted the appeal of Treasuries.

As Treasury prices soared, the 10-year yield slipped as low as 1.89% on Friday, from 1.99% late Thursday."

Statistics Source: CNN Money

We have written about Treasury Bill Statistics before.