Wednesday, 10 August 2011

Treasuries Rise on Federal Reserve’s Slow-Growth View Before 10-Year Sale

Treasuries rose, pushing yields on two- and 10-year notes toward record lows reached yesterday, as stocks tumbled a day after the Federal Reserve offered a dimmer view of the economy than it did in June. The extra yield Treasury investors get to hold 10-year notes instead of two-year debt was the ...


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