10-Year Treasury Yield Drops to 1.62%

Since peaking near 16% in the early 1980s, the yield on the 10-Year Treasury Note has been in a steady downtrend -- a downtrend that has now lasted 30 years.  Today the yield dropped more than 7% -- one of the 12 biggest one-day declines in history -- to 1.62%.  Buy at your own risk.