Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Treasuries Finish Higher


Treasuries opened higher following the Madrid bombings amid speculation of a link to Al Qaeda. Prices then tanked after the poor 10-year auction results, but popped by the close on an Arabic tape found in a van in Spain, which also contained detonators. Furthermore, France heightened its terror alert status.

The data were mixed and largely ignored. Greenspan's optimistic labor market comments reversed prices, but a mortgage bid surfaced on the dip. The 10-year results were poor -- a 3.752% stop. Dealers, now long, sold, but terror headlines rescued prices and underscored the rebound.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus