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Auction Helps Treasurys.

Authors :
Zeng, Min
Source :
Wall Street Journal - Eastern Edition. 5/7/2009, Vol. 253 Issue 106, pC7. 0p.
Publication Year :
2009

Abstract

The article reports on the recovery of most Treasurys in the U.S. after the bidding on 10-year note sale in May 2009. The losses of Treasurys due in 10 years or less were eliminated after an auction. Also noted is the increase in value of 10-year note by $0.625. Its yield fell from 3.157% on May 5 to 3.152% on May 6. The yield of the 30-year bond fell to 4.081%.

Details

Language :
English
ISSN :
00999660
Volume :
253
Issue :
106
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
40922167