Ten year remains below 2.5%

I noticed it hit the 2.5 barrier and fall back, twice.

The linear drop in the ten year yield over five recessions since 1980, that was won with blood, it is a long streak.  Don't need to be economists to figure this one out.

Tax reform was about scattering before the next recession, which we want to be mild. The long term gains from the corporate tax reduction is two recessions away, all the tax planner know this.

Who is planning out that long? Any of us plan on moving up the Markov Tree? The sandbox can, but it will isolate the indifference point needed so the budget tends to reduce its deficit, an unpleasant thought.

All of this is well known and discussed consensus on Wall Street, we will have to automate the trading system.