Treasuries Finish Higher

News that the government would investigate Qwest's accounting practices pulled stocks down and boosted Treasuries. Changes in the S&P 500 also added to the stock market's woes

It was a one-way bet on Treasuries Wednesday, with yields tumbling across the board and the curve steepening as equity carnage continued to dominate the fixed income landscape. Trade prices and inventory data were broadly ignored as stock investors persisted in voting with their feet on the economic recovery.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.