Treasuries Finish Higher
Treasuries shrugged off their post-payrolls funk on Wednesday, rebounding after the Veteran's Day holiday break, despite a solid day on Wall Street. With data and events in short supply, a safety bid was rekindled via the latest bombing in Iraq (along with U.S. retaliation), the broadening mutual fund scandal, and episodic rumors of hedge-fund liquidity problems. This helped set up a corrective squeeze higher as some of Friday's shorts ran for cover.
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.
- Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market
- Greenwich Mansion Listings Pulled to Wait for a Better Day
- U.S. Stocks Climb With Treasuries as Dollar Slides: Markets Wrap
- Germans Are Going Wild for a Show Set During the Dawn of the Nazis
- The U.K.'s $86 Billion Pension Problem Is About to Solve Itself