Tame Inflation and a Rising Dollar Boosts Global Long-Ends
May 13, 2011 at 11:46 AM EDT
Reluctance among equity investors to drive prices towards 2011 highs and further proof that underlying inflationary pressures are insufficient to rattle the Fed saw buying of treasuries in to the weekend. The rally for treasury prices comes a day after the weakest showing of demand at a 30-year auction in six months, but a rally [...]