Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Late Buying Boosts Treasuries

A stealth Treasury rally blossomed late in Tuesday's session, propelled by a short-squeeze and morose stocks after President Bush was long on rhetoric and short on specifics in a keynote speech to address corporate accountability. Tension built ahead of the late morning speech, but it was already leaked to the press and appeared to lack concrete measures sufficient to reverse investor unease. Treasuries were the beneficiaries of this negative sentiment and firmer weekly retail sales figures were mostly ignored.

Upwards momentum started to build after spurious rumors of bomb/incidents in NY and DC and a generally weak Richmond Fed manufacturing survey also prompted a bid particularly at the front-end of the yield curve.

blog comments powered by Disqus