Bond Rally Loses Steam – Awaiting Words from Bernanke
June 22, 2011 at 12:14 PM EDT
Government bonds remain higher although off earlier highs as fears remained elevated over Greek Prime Minister Papandreou’s ability to muscle through deep austerity measures. Late on Tuesday lawmakers gave the Prime Minister the vote of confidence he’d asked for but onlookers failed to find solace in the aftermath, recognizing instead that the more difficult task [...]