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Treasuries rise sharply in late rally.

Authors :
Fuerbringer, Jonathan
Source :
New York Times. 12/23/93, Vol. 143 Issue 49554, pD1.
Publication Year :
1993

Abstract

Reports that the Treasury market rallied sharply yesterday as strong demand at the auction for five-year notes and sudden buying interest from investors gave prices a lift on the last full day of trading before Christmas. Price of the 30-year bond jumped more than a point as the yield dropped to 6.21 percent. Dealers caught short.

Subjects

Subjects :
*GOVERNMENT securities
*RATES

Details

Language :
English
ISSN :
03624331
Volume :
143
Issue :
49554
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
9402027690