The record low 30-year long bond yield intraday was on August 28, 2019 at 1.907%.

On a closing basis, the record low was 1.94%.

Those records are poised to fall due to a slowdown in shipping coupled with the coronavirus.

As noted earlier today, there is Little Chance of Coronavirus Containment in South Korea.

And in China, Half the Population of China, 760 Million, Now Locked Down

From an economic standpoint, January saw the Largest Shipping Decline Since 2009 and That's Before Coronavirus impact hit.

There is no coronavirus containment. Bond yields will fall.

I expect a surprise rate cut at some point. This combination adds fuel for a further rise in the prices of gold.

In case you missed it, Gold at Record High in Euros. A record high in US dollars is also coming up.

Mike "Mish" Shedlock

Bond Yields Crash and Gold Soars on Pandemic Threat

The 30-year long bond yield crashed to a record low, gold jumped, and equities hammered as fears of a pandemic mount.

New Record Low Yields on 10- and 30-Year Bonds: Double Cut?

Treasury yields continued a massive plunge today with new record lows. I sense a double rate cut by the Fed on March 18.

30-Year and 10-Year Treasury Yields Approach Record Lows

Curve Watchers Anonymous notes treasury yields on the 10-year notes and 30-year long bond are within spitting distance of all-time low yields.

My Conversation With the 30-Year Long Bond

For the third time, the yield on the 30-year long bond dipped below 2.0%. I asked Mr. Bond some questions.

I Expect New Record Low Long Bond Yield

Every attempt of the 30-Year long bond to break out of a decades-long downtrend fails. At the end of October, the long bond yield was 2.96%. Six days into November, it's back at 2.80%. Meanwhile, short-term rates continue to rise. We are a recession away from a new record low yield on the long bond.

30-Year Bond Yield Just a Hair from Record Low, 2-10 Yield Spread Near Inversion

Bond yields resumed their post-FOMC crash today after a weak two-day respite. Inversions strengthened across the board.

Entire Yield Curve Inverts, 30-Year Long Bond Yield Dives to Record Low

The stock markets are getting clobbered and bonds are on fire as recession fears escalate.

Hello Treasury Bears: 10-Year Bond Yield Approaching Record Low Yield

Treasury yields are down again today, the 6th straight day of strengthening inversions. 30-year to FF inversion on deck.

30-Year Long Bond Yield Crashes Through 2% Mark to Record Low 1.98%

The bond rally continues this evening with the Fed in denial and Trump howling.