Saturday, March 27, 2010

Supply fears start to hit Treasuries

http://www.ft.com/cms/s/0/c51fbbce-3908-11df-8970-00144feabdc0.html The bond vigilantes are finally flexing their muscles. A long period of stability for the US government bond market showed signs of cracking this week as a lack of investor appetite for new debt sent the benchmark 10-year yield to its highest level since last June.