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Tuff-Stuff

02/09/11 11:29 AM

#363805 RE: Tuff-Stuff #363803

Treasurys buffeted as Bernanke talks on Capitol Hill about asset purchases, while up in New York, the Fed executes another step in the program, buying $7.51B in Treasurys maturing 2015-2016, of $27.685B offered by dealers. Bonds trim gains but are still higher on the low end: 10-year yield -0.01 to 3.73%; 5-year -0.03 to 2.38%; 2-year -0.03 to 0.825%.
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Mt. Blanc

02/09/11 12:47 PM

#363822 RE: Tuff-Stuff #363803

The DOW should defy gravity even today by eod....

there is too much cash chasing value stocks for 2011. Of course we could have some heavy sobering soon but so far, not.

mb