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

Treasuries Sink

Treasuries opened lower and then fell further. Wall Street Journal articles suggesting large job creations, position adjusting ahead of Greenspan, Indonesian Central Bank intervention to defend the Rupiah which spurred Treasury sales, poor JGB auction, and Berry article saying large deficits portend higher long term rates nearer than Greenspan thinks, underpinned the opening selloff.

Short covering and several deal pricings temporarily stalled a further selloff, but prices then tanked on the dollar surge. A Reuters article, regarding yet another European Union lawmaker calling for an European Central Bank interest rate cut, began the U.S. dollar's move up. Comments from Greenspan - "current federal funds rate accommodative at some point will have to rise" - extended losses into the close. From Informa Global Markets

blog comments powered by Disqus