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Selling Spree in Treasuries Causes Interest Rate SPIKE

Discussion in 'Political Discussion' started by maverick4, May 27, 2009.

  1. maverick4

    maverick4 Banned

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    If you thought the equities markets made a huge adjustment since September, wait till you see the seismic adjustments coming to the bond markets...

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    New Worry for Stocks: Treasury Selloff Pushing Up Interest Rates - Market Insider with Patti Domm - CNBC.com

    [A selling spree in Treasurys pushed rates higher, taking the yield curve to its steepest on record as spreads between the 2-year and 10-year widened by over a dozen basis points on Wednesday alone.

    The 10-year saw its yield move above 3.70 percent, after trading at 3.55 percent the previous day. The selling wave hit bonds shortly after 1 p.m., even after the auction of $35 billion in 5-year notes was well received.]
  2. BelichickFan

    BelichickFan B.O. = Fugazi PatsFans.com Supporter

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    #24 Jersey

    Investing is a pain now, in the past Bonds used to be a safe way to go when Stocks had risen but neither U.S. Stocks nor Bonds are overly safe anymore.
  3. PatsFanInVa

    PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    ...and don't get caught thinking that this or that basket of corporate bonds are "pretty similar" to treasuries or vice versa, obviously. Thanks for letting us all in on this breaking news :rolleyes:

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