February 8, 2010
THE ONLY SAFE-HAVEN:
Treasury Bulls Expect Yield to Peak at 4% (MARK GONGLOFF, 2/08/10, WSJ)
At the start of the year, the consensus was that long-term U.S. Treasury debt would be the dud investment of 2010. Just weeks later, some investors are beginning to reconsider.Posted by Orrin Judd at February 8, 2010 6:45 AMWith Greece in turmoil and threatening to spread its woes throughout Europe, Treasurys are again benefiting from their safe-haven status. Treasury debt prices surged this past week, pushing their interest rates, or yields, lower.