http://www.bloomberg.com/news/2011-08-03/treasuries-fluctuate-as-private-report-shows-july-jobs-gain-beat-forecast.html
Treasury 30-year bond yields dropped below 3.80 percent for the first time since October as service industries expanded in July at the slowest pace since February 2010, adding to concern the economy is slowing.
Two-year note yields touched a record low as analysts forecast the economy added fewer-than-average jobs last month. Treasuries rose yesterday as President Barack Obama signed legislation to raise the U.S. debt limit by at least $2.1 trillion, averting a first-ever U.S. financial default amid signs of ongoing debt turmoil in Europe.
Treasury 30-year bond yields dropped below 3.80 percent for the first time since October as service industries expanded in July at the slowest pace since February 2010, adding to concern the economy is slowing.
Two-year note yields touched a record low as analysts forecast the economy added fewer-than-average jobs last month. Treasuries rose yesterday as President Barack Obama signed legislation to raise the U.S. debt limit by at least $2.1 trillion, averting a first-ever U.S. financial default amid signs of ongoing debt turmoil in Europe.
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