There was also some safe-haven buying in the afternoon, boosting bond prices, in connection with tensions in the Middle East after the Federal Aviation Administration advised U.S. airlines not to fly to Tel Aviv in Israel.» Read More
Treasury prices Thursday rose in volatile trade on swirling fears about the credit and housing markets, tearing open interest-rate spreads as investors dumped mortgage-related debt and sought safety.
US government bond prices shed gains and turned lower Wednesday after a stronger-than-expected reading of service sector activity.
Treasury debt prices rose in choppy trading Tuesday on renewed safe-haven bids spurred by a stock market sell-off and credit worries led by speculation of widening losses at Citigroup.
A year ago, spreads between the long bond and the 2-year note were close to zero. At the start of February 2007 we were looking at a slightly inverted yield curve, often a predictor of a recession. Now, a year later, the spread is approaching 300 basis points, hitting 292 on Friday. We haven't hit spreads that wide since 2004. Here is a 10 year history of treasury yields...
Treasury debt prices fell Monday, as manufacturing data that was not as dismal as some had feared tempered safe-haven bids, offsetting worries about a recession and troubles in the financial sector.
Treasury prices rose broadly Friday as investors sought safety from recession fears, knocking the yield on the two-year note down for the fourth consecutive day to the lowest since early 2004.
Municipal bonds are headed for their worst month in over four years, but some experts think this may be a good time to buy.
Treasury prices surged as investors scrambled for safety after signs the economy may be spiraling into a recession and fears that the housing sector has not yet hit bottom.
Shorter-dated U.S. government bond prices were steady at lower levels on Wednesday after relatively weak demand in an auction of $26 billion of 2-year Treasury notes.
Treasury prices rose as fears about the deteriorating economy and an unwillingness to take risks gained an edge over worries about rising inflation.
Treasury prices fell on signs that a much-touted bond insurer bailout plan would pan out, although trading was indecisive ahead of congressional testimony by the Federal Reserve chief later in the week.
Treasury prices were higher Friday as wary investors once more elected to play it safe by buying government bonds and selling stocks.
Treasurys rallied after a weaker-than-expected manufacturing report underscored the outlook for a weaker economy and easier monetary policy.
Crude passed the century mark Tuesday and closed above it for the first time, setting off speculation about just how high prices could go and where a realistic level of support may lie.
US government debt prices were flat Wednesday, trimming earlier gains, as the stock market's move into positive territory dimmed the safe-haven appeal of bonds.
The benchmark 10-year Treasury note fell one full point in price Tuesday, as rising stocks curbed the safe haven appeal of U.S. government bonds, traders said.
Banks and other lenders-- from the nation's largest to those with only a few branches-- say they are tightening lending standards, and not just for home loans.
Treasury debt prices rose as a series of bleak reports suggested the economy may have tipped toward recession, boosting the allure of safe-haven government bonds.
Investors are shying away from municipal bonds, forcing states and cities around the nation to pay sharply higher interest rates.
Long-dated government bond prices slid Thursday after a report showing growing exports exacerbated worries that inflation could get out of hand if the Federal Reserve keeps cutting interest rates, as signaled by the central bank's chief.