USA Today writes "Wall Street debates prospect of bond bubble". It asks, "Is a bubble brewing in the normally sedate U.S. government bond market? That's the big debate raging on Wall Street. Heavy buying of 10-year Treasury notes by investors in search of a safe place to park cash, as well as higher yields than available on certificates of deposit, is pushing prices of government-issued debt sharply higher -- and knocking yields down to levels last seen 17 months ago in the depths of the financial crisis. In early April, the 10-year note yielded nearly 4%. On Friday, it was 2.62%, and last week, it hit its lowest yield since March 2009. Its all-time low yield was 2.06% in December 2008, three months after the collapse of Lehman Bros. nearly sparked a global financial meltdown. Those warning of a bubble say the infatuation with U.S. Treasuries -- long considered one of the safest investments in turbulent times -- may be morphing into a fatal attraction." See also, Bloomberg's "Bond Funds Gain Cash Like Stocks in Dot-Com Era: Credit Markets".

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September