Markets & Finance

Treasuries End Higher

Treasuries opened lower following better customer selling in London. The first-quarter GDP at +4.4% was better than expected, and weekly jobless claims data continued to show improving labor conditions. But the post-data dip proved to be shallow, as month-end and index-linked buying surfaced.

The front-end bid persisted as the terror and safe-haven bid stayed intact, and was heightened by explosives found near the upcoming NATO meeting in Slovakia. The revisions in the Lehman Brothers portfolio index then sparked more buying.

Tim Cook's Reboot

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

blog comments powered by Disqus