Treasuries Finish Lower
Key legs supporting record yield lows were knocked out from under the Treasury market Tuesday, chopping a point off the long bond. An advance report from Fannie Mae that its historic wide duration gap had been narrowed back to -10 months in September from -14 months crippled the Treasuries overnight and the market never recovered.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.