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Treasury Prices Fall as Haven Bid Wanes.
- Source :
-
Wall Street Journal - Eastern Edition . 4/22/2009, Vol. 253 Issue 93, pC2. 0p. - Publication Year :
- 2009
-
Abstract
- The article addresses the decline of Treasury bond prices in the U.S. on April 21, 2009. The Treasury bonds were lower because of hedges associated with new corporate- and municipal bond supply and disappointment over the size of the Federal Reserve's bond purchases. According to Steve Rodosky, head of Treasury and derivatives trading at Pacific Investment Management Co., the Treasury bonds purchased by the Federal Reserve have helped improved credit markets.
- Subjects :
- *GOVERNMENT securities
*CORPORATE bonds
*MUNICIPAL bonds
*BOND market
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 253
- Issue :
- 93
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 39357270