Saturday, November 26, 2011
US 10 year breaks 2%
US bond yields fall to historical lows. Rating agencies continue to be out to lunch and don't notice that the bond vigilantes are ignoring them.
Bloomberg: Treasury 10-Year Yield Below 2% as Europe Debt Crisis Fuels Refuge Demand
Labels:
bond market,
rating agencies
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1 comment:
I thought the bond markets were going to punish us for our "debt binge" They must be punishing us by buying our bonds.
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