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Mohamed A. El-Erian

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

Treasuries have been captured by concerns about sluggish growth in Europe and Japan.
The eye of the storm.

The eye of the storm.

Photographer: Chris Ratcliffe/Bloomberg

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.

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