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Treasury Yields Spike After Tax Deal

Tuesday, December 7, 2010 - 7:57 PM
Treasury prices moved sharply lower Tuesday as investors reacted to a compromise plan that will extend current tax rates for two years.

Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Wednesday, December 8, 2010 - 10:56 AM
Gee, I wonder why? A continued 15% percent tax on stock dividends is so much more appealing than a 35% tax on Treasury interest payments for the upper brackets.
PurplesagePurplesage25 posts since
Oct 11, 2010
Rep Points: 73