Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

The Treasury Bond Selloff Is 'For Real' And The Volume Is Gigantic

Wednesday, May 29, 2013 - 8:34 PM
After a big rally that began in mid-March, amid the outbreak of the Cypriot financial crisis and fears over a slowdown in global growth, Treasuries have given up all of their gains, and bond yields are now rising to the highest levels in over a year.

US Treasury Trading Volume Hits Record - Business Insider
9
ShorebreakShorebreak2,625 posts since
Apr 6, 2010
Rep Points: 14,226
1. Wednesday, May 29, 2013 - 9:14 PM
That is why I never want to venture into bonds.
1
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,426
2. Wednesday, May 29, 2013 - 9:17 PM
The U.S. sold $35 billion of five-year notes today after a two-year auction yesterday drew the fewest bids since February 2011. Yesterday’s was the first offering since Fed Chairman Ben S. Bernanke said last week the central bank could reduce the pace of its purchases if there is a sustained improvement in growth.
9
ShorebreakShorebreak2,625 posts since
Apr 6, 2010
Rep Points: 14,226
3. Thursday, May 30, 2013 - 7:17 AM
Update: 5/30/2013

"The yield on the 10-year U.S. Treasury bond has risen two basis points to 2.13% this morning as investors continue to sell. This week, which has seen yields rise to the highest levels in over a year, has also been characterized by record trading volumes in the Treasury markets."

http://www.businessinsider.com/opening-bell-30-2013-5#ixzz2UmG9at98
9
ShorebreakShorebreak2,625 posts since
Apr 6, 2010
Rep Points: 14,226
Reply