Treasurys to Take Pause Unless Earnings Surprise.

The article report on the decision of the U.S. Treasury bond market to take a break until earnings improve. The move came after the country experienced a recession in the first half of 2008 and the cuts in the interest rate made by the Federal Reserve. Carl Lantz of Credit Suisse says that the company will not issue such bonds until stocks break lower. On April 11, 2008, the 10-year Treasury note was yielding 3.471%.