Bond Traders Lay Roadmap to 2% Yield on 10-Year Treasuries

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Bond Traders Lay Roadmap to 2% Yield on 10-Year TreasuriesRates on 10-year Treasuries fell as low as about 2.21% Wednesday -- almost 50 basis points below where they started the year -- amid climbing U.S.-China trade tension and growing concern over the outlook for the world economy. Aberdeen Standard Investments is shorting the two and five-year notes on expectations growth will remain robust.

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