How low can they go? (United States government bond yields)

Economist (US), The, October, 1993

US 30-year term Treasury bond prices are falling slightly after a long increase. The effect of inflation on the bond market is discussed in relation to T-bond price forecasts. The Federal Reserve may raise interest rates to control inflation.

AMERICA'S Treasury bonds may be at a turning point. The price of the benchmark 30-year bond (known as the long bond) has fallen by three cents since October 15th, when its yield reached a post-war low of 5.78%. The yield is now hovering around 6%. The question is whether this is a much-needed correction to a market that has seen long-bond prices rise ...