Markets & Finance

Long Bond Posts Gains

As air operations over Afghanistan continued without any major setbacks, U.S. Treasuries finished mixed, with shorter-dated issues finishing lower and the 30-year bond ending higher.

The prospect of restored global stability to the financial markets helped bonds on the long-end. There were reports of repeated selling of NOBs (10-year and 2-year bonds), as short-covering at the long-end prompted some front-end underperformance and unwinding of steepeners.

Toyota's Hydrogen Man

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

blog comments powered by Disqus