If there is any takeaway from this chart it's that people are definitely rushing to get in line to lend their money to the US Government for 10 years, and stampeding out of the line to lend their money for the next 1 year. Below is the chart showing the relative performance of the US Governments 1 year and 10 year debt obligations. The 1 Year US Treasury yield has been on an absolute tear since March.
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