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Treasury 5-year yields hit record low

Daily newsbrief journal for May 2012, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Treasury 5-year yields hit record low

Postby admin » Wed May 30, 2012 5:12 pm

Treasury 5-year yields hit record low
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- Yields on 5-year Treasury notes touched their lowest level ever on Wednesday, extending gains that carried U.S. debt prices higher as investors sought safer assets. Yields on 5-year notes , which move inversely to prices, fell 9 basis points to 0.69%. They touched 0.684% intraday, according to data provider CQG, a record low.
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