Neubarth
At the Ballpark July 30th
U.S. 30-Year Yields Drop to Years Low on European Debt Crisis
May 21, 2010, 8:21 AM EDT
By Cordell Eddings and Susanne Walker
May 21 (Bloomberg) -- Treasury 30-year bond yields dropped to the lowest level this year as Europes debt crisis spurred an exodus from higher-yield assets into the safest government securities.
Benchmark 10-year notes are headed for their third weekly Gain as European finance ministers prepared for talks to stem a rout in the euro that prompted the biggest U.S. debt rally in 14 months yesterday. U.S. stock-index futures extended losses, driving the June contract on the Standard & Poors 500 Index below the lowest level reached during the May 6 crash.
U.S. 30-Year Yields Drop to Year’s Low on European Debt Crisis - BusinessWeek
May 21, 2010, 8:21 AM EDT
By Cordell Eddings and Susanne Walker
May 21 (Bloomberg) -- Treasury 30-year bond yields dropped to the lowest level this year as Europes debt crisis spurred an exodus from higher-yield assets into the safest government securities.
Benchmark 10-year notes are headed for their third weekly Gain as European finance ministers prepared for talks to stem a rout in the euro that prompted the biggest U.S. debt rally in 14 months yesterday. U.S. stock-index futures extended losses, driving the June contract on the Standard & Poors 500 Index below the lowest level reached during the May 6 crash.
U.S. 30-Year Yields Drop to Year’s Low on European Debt Crisis - BusinessWeek