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.

With 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.

Posted by Orrin Judd at February 8, 2010 6:45 AM
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