The great Treasury bond bear market of 2013 takes a break as the EU crisis makes the front pages...
The great Treasury bond bear market of 2013 takes a break as the EU crisis makes the front pages again and sequestration maybe beginning Friday in the U.S. threatens a tad more fiscal tightening. The 10-year yield falls 7 bps to 1.89%. TLT +1.2%, now down just 2.7% YTD.
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