Treasury prices continued to tumble today, pushing yields on the benchmark 10-year note to their...
Wednesday, March 14, 2012, 3:53 PM ETTreasury prices continued to tumble today, pushing yields on the benchmark 10-year note to their highest levels since October and breaking above their 200-day MA. The Fed's latest policy statement showed more optimism and seems to have opened the floodgates to higher yields, and traders and investors had taken a lot of short positions. TLT -2.5%, Ultra-Short ETF TBT +5.1%.
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