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Two-Year Treasury Yields Briefly Breach 0.1%, Marking Record Low

Yields on two-year Treasury yields briefly printed a record low under 0.1% on Thursday as cash trading got underway in London after a holiday in Asia.

The yield touched 0.0972%, just days after a record-setting drop to 0.1012%. This latest move comes amid an abundance of liquidity, and wariness of buying longer-dated bonds while the Treasury is in the midst of heavy auction slate.