Flight to Treasury Securities Continues

Mike Dunton at Mt. McKinley Bank emails the latest quotes:


                    Price Chg   Yield%
1-Month Bill        -1/32    0.041
3-Month Bill        -0/32    0.086
6-Month Bill        -0/32    0.173
1-Year Note        0/32    0.318
2-Year Note       -2/32    0.758
3-Year Note       -4/32    1.239
5-Year Note     -11/32    2.047
7-Year Note     -16/32    2.710
10-Year Note   -21/32    3.255
30-Year Bond   -1 7/32  4.180

It is unclear what this means, but it needs to be noted.  Treasury security yields continue to decline across the board, which suggests heavy buying from somewhere.