Yields on the U.S. 10-year Treasury note declined sharply Wednesday after ISM service data showed signs of a weakening economy.
The U.S. service sector expanded at slower pace than expected in January suggesting this key area of the economy may be slowing, according to the Institute for Supply Management.
On the back of the disappointing data, the 10-year yield fell to a one-year low of 1.79 percent, causing the dollar to take a hit as well.
If the 10-year rate continues to collapse, what's the best way to trade it?
Using data from Kensho, a tool designed to quantify historical market events, CNBC Pro ran a study to find what happens when the 10-year yield declines significantly over a one-week period.
If this drop in yields keeps going into next week, history shows the stock market does not do well and neither do certain sectors of the market.