Mohamed A. El-Erian , Columnist

3 Things to Know About Record-Low U.S. Yields

Treasuries have been captured by concerns about sluggish growth in Europe and Japan.

July 6, 2016 at 6:00 AM UTC

Mohamed A. El-Erian is a Bloomberg Opinion columnist. A former chief executive officer of Pimco, he is president of Queens’ College, Cambridge; chief economic adviser at Allianz SE; and chair of Gramercy Fund Management. He is author of “The Only Game in Town.”

The eye of the storm.
Photographer: Chris Ratcliffe/Bloomberg

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

This week, the U.S. became the latest advanced economy to experience a decline to record levels of the yield of its benchmark 10-year government bonds, along with a continued flattening in the yield curve for its Treasury securities.

QuickTake Negative Interest Rates