Yields on 10-year Treasury Notes are Down

Ok, yesterday Ben Bernanke made a highly interesting move. What he done is also described here. What happend is that – quote from WSJ:

10-year Treasury notes down to 2.53% from above 3% the day before — the largest one-day drop since the aftermath of the 1987 market crash.

Also seen here, hit the image to see the source:

10-year Treasury notes down to 2.53% from above 3%
10-year Treasury notes down to 2.53% from above 3%

This should be good for the credit crunch.