You’ve read here over the past few weeks about the strength of the U.S. economy compared with the rest of the world. There really isn’t any other major economic force right now that provides the level of comfort that most investors require. The dollar is strengthening and even though the Dow has takenlower rates still to come? a few hits these past few days the major bleeding appears at least to have been stemmed.

The DJIA closed today at 17371 and the S&P 500 closed down 17.97 to 2002.61. Yet the real winner on Wall Street isn’t stocks but bonds. And not just any bond, United States bonds.

The European economy as well as the Euro is faltering. And just today, German bond yields dropped to 0.44, this according to a report on today. So do those low German yields spur investment? Not really, not if you can get around 2.00% with a U.S. Treasury. The fact is simply that economies around the globe are pulling out all the stops and using most every available weapon to turn their economies, and their currencies, around. And speaking of U.S. Treasury yields, the 10-year today touched 1.88 percent, matching a level not seen since May of 2013.

If you recall, it was in May of 2013 when then Fed Chair Ben Bernanke made the much anticipated announcement regarding the end of the bond buying, known as quantitative easing. Once that announcement was made, interest rates recorded their biggest jump in something like 26 years. Today however, we may be headed closer to rates seen exactly two years ago, when the 30 year fixed rate mortgage hit 3.41%, or even lower to the historic drop to 3.35% in the fall of 2012. Note, these rates are averages and consumers can find rates even lower.

And as long as investors anywhere in the world still believe their funds are the safest wrapped in Treasuries and Bonds, we might very likely see another record low just as our economy is still chugging along quite nicely. Odd, but possible.