WMPT Nightly Business Report May 31, 2011
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. a bullish day for bonds today. u.s. treasury prices spiked higher on worrisome housing data. investor demand for treasuries pushed the yield on the 10-year bond down to 3.05%, its lowest level this year. tom, treasuries have been on a tear for two months now. >> tom: susie, part of the reason investors are keen are bonds is growing concern about the u.s. recovery. since hitting a high of 3.73% in early february, the yield on the 10-ye...
Source: archive.org