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Sign in / Join NowSummary10 Year Treasuries closed on 9/7/2017 at a yield of 2.05%, a low not experienced since Election Day in 2016. Debt ceiling through December 2017, rates closed slightly higher at 2.06%.Data show a high correlation between Treasury rate movements downward since Trump took office and lack of net new Treasury issuance. Government will now begin borrowing at levels equal to or above late 2016 to cover increased government spending.This article examines the magnitude of Treasury rate changes that can be expected as the Treasury increases the National Debt in the near future.The 10 year Treasury closed on 9/8/17 at a yield of 2.06%, down 10 basis points for the first week of September and 20 basis points since the first of August.Many business news outlets, in typical anecdotal fashion, attribute the recent fall of the 10 year to growing fears in the market.

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