March 27, 2017
Demand for Treasuries continues to rise following last week's Obamacare defeat for Donald Trump. The 10-year yield fell another 4 basis points Monday and at 2.38 percent is down 12 basis points over the past week. Stock were mixed with the Dow posting a small loss to 20,550. Lower rates have been pulling the dollar lower, down 0.6 percent against the euro to $1.0864.