Federal Treasury bond yields are at the January 1995 level. Bad news for fixed-income investors.
Low yields mean that you cannot make money by investing in the long-term low-risk bonds. Low yield mean high prices and high prices, of course, may mean they would fall sooner or later. Whenevr yields grow, bond prices fall.
Real (inflation-adjusted) prices of bonds and stock looked like this since 1955:
Source: Ibbotson Associates, Devil's own calculations
Now it's time to forget investing in the long-term T-Bonds, as well as British gilts and German Bunds. This time it's no different when speaking of bonds.