The 10-year benchmark US Treasury (US10Y) closed today at 2.026%. May and June saw the US10Y continue it’s 2019 decline all the way down to 1.94% on 7/5/2019. After a brief and subtle recovery back above the 2.00% mark, the US10Y in headed back down after the Federal Reserve’s President John Williams made comments on how the central bank should act preemptively as the economy slows. “When you only have so much stimulus at your disposal, it pays to act…