Markets & Finance

Treasuries Slip Ahead of Greenspan Speech


Treasuries slipped after mediocre results from a two-year auction. The record $25 billion sale of notes was not digested well. Also, the stock rebound and anticipation for an upbeat speech from Greenspan on Thursday pushed two-year notes down. Supply and deficit spending proved a toxic cocktail for Treasuries on Wednesday, says S&P's MMS. Yields were sharply higher across the spectrum.


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

 
blog comments powered by Disqus