10-Year Treasury Yields – Two Long-Term Charts As Of May 16, 2016

On Friday (May 13, 2016) the yield on the 10-Year Treasury closed at 1.705%.

As a reference, here is a long-term chart of the 10-Year Treasury yield since 1980, depicted on a monthly basis, LOG scale:

(click on charts to enlarge images)(charts courtesy of StockCharts.com; chart creation and annotation by the author)

Here is a long-term chart of the 10-Year Treasury yield since 2008, depicted on a daily basis, LOG scale:

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2046.61 as this post is written