Yields hit record low: Fears ratchet up Treasury traffic

NEW YORK – Bonds issued by Uncle Sam are once again risk-averse investors' best friend.


The fear factor is again driving trading decisions on Wall Street. Investors looking for a safe place to stash cash and a way to sidestep Europe's deepening debt crisis are dumping risky assets such as stocks and piling into the perceived haven of U.S. government bonds, driving down yields Thursday to new all-time lows.


In what Wall Street dubs the "risk-off" trade, huge amounts of capital is flowing into long-term Treasury bonds. The yield on the 10-year note, which moves in the opposite direction of price, dipped to a record low 1.69% Thursday. It hit its previous low of 1.73% on Sept. 22, when markets were fretting over issues similar to ones they are dealing with now — the possibility of Greece defaulting on its debt and dropping out of the eurozone, and the potential aftershocks from that.


Read Full News


Resources for YOU:

Bookmark and Share

Write a comment

Comments: 4
  • #1

    christian louboutin official website (Wednesday, 27 June 2012 02:47)

    Thank you for your article, I have been looking for this for a long time

  • #2

    prada outlet (Wednesday, 27 June 2012 02:48)

    I love reading your information good. I can provide you with invaluable news.

  • #3

    supra skytop shoes (Wednesday, 27 June 2012 02:51)

    I am glad I found this website, it is the correct information for you,thanks!

  • #4

    Partywear suit (Wednesday, 20 February 2013 04:53)

    Very informative article. Pretty sure people would love to go to that place for shopping. Specially to those who are semi naughty or semi conservative people. I guess there are a lot of things their that can be bought.


tumblr visitor stats