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

Greek CDS Prospects Make Treasuries a Buy on Dips, SocGen Says

Investors should increase holdings of U.S. Treasuries on any drop in price because haven assets will be in demand as Greek credit default swaps, or CDS, are triggered after its debt exchange, Societe Generale SA said.

“Use any dip in U.S. Treasuries to increase long duration positions,” strategists led by Vincent Chaigneau, global head of interest-rate strategy in Paris, wrote in a research report yesterday. “Markets will be relieved that a disorderly default has been avoided. But CDS will be triggered. That is a big leap into the unknown. Concerns on growth are rising in Europe, while the momentum in the U.S. recovery is questionable. The good news has now been fully priced.”

The U.S. 10-year note yield was little changed at 2.02 percent at 6:55 a.m. London time.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.