- Just a thought as the headlines pour in about the far stronger-than-expected GDP number - by suggesting a quicker pace of Fed tapering - being responsible for the rout in stocks today: Treasury prices flew higher, with the 30-year bond up a full point and its yield down 6 basis points to 3.72%. The 10-year yield dropped 5 bps to 2.60%.
- TLT +0.9%, TBT -1.6%
- Related ETFs: TBT, TLT, TMV, TBF, EDV, TTT, TMF, ZROZ, TLH, SBND, DLBS, VGLT, UBT, TLO, LBND, FSA, TYBS, TENZ, DLBL
Bonds ignore strong GDP number
Nov 7 2013, 16:29 ET