At least yields are moving lower today

As the stock market continues to fall, at least yields are moving lower.

As the US stocks fall sharply, the yields are at least moving lower.

• 2-year yield 3.944%, -5.3 basis points
• 5-year yield 4.017%, -8.1 basis points
• 10 year yield 4.285%,-8.3 basis points
• 30 year yield 4.651%, -7.7 basis points

For the trading week, although lower today, yields are still clawing back the gains from earlier this week

• 2 year yield was up as much as 10.4 basis points. It is currently down -1.1 basis points for the week
• 5-year yield was up 13.3 basis points earlier this week. It is currently up 1.2 basis points.
• 10 year yield was up 15.0 basis points earlier this week is currently up 3.8 basis points
• 30 year yield was up 16.0 basis points earlier this week is currently up 6.2 basis points

Gold continues to be a beneficiary and trades to new all-time highs today. The price is currently up $20.40 or 0.67% at $3076.17. The high price has reached $3086.90.

Crude oil is losing steam trading down $0.51 or -0.72% at $69.42.

Risk offers being felt in bitcoin. Is currently down $-2900 at $84,314.

This article was written by Greg Michalowski at www.forexlive.com.