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Treasury yields react sharply to news of the U.S. manufacturing sector slipping into contraction...

  • Monday, July 2, 2012, 10:28 AM ET
    Treasury yields react sharply to news of the U.S. manufacturing sector slipping into contraction for the first time in 3 years, the 10-year off 6 basis points to 1.58%. The Dow has its eyes set on 13K and things in Europe may have calmed down for an hour or a week, but long-term Treasury yields continue at historically low levels.
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This news story has 2 comments:

  •  
    as more jobs get shipped overseas, both service and manufacturing, who is going to be left to buy US goods in the US?
    2 Jul 2012, 02:55 PM Reply Like
  •  
    when 6bps is a big move we are at critical mass. Nothing left to the downside. Gather your nuts and berries..
    2 Jul 2012, 08:25 PM Reply Like
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