Tuesday, February 5, 2008

Is it possible for IR to move into minus figures?

Treasuries Rise as Service Industries Contract, Stocks Decline

"Feb. 5 (Bloomberg) -- Treasuries rose, pushing two-year note yields close to a four-year low, as a report showing service industries unexpectedly contracted last month added to speculation the Federal Reserve will cut interest rates further." Theres going to be a surplus of cheap paper on the world markets!

Posted by cheekie charlie @ 03:23 PM (364 views)
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