Treasury yields all the rage

June 11, 2009

A plethora of articles are circulating this morning as the handwringing intensifies whether the rise in U.S. Treasury yields – the world’s debt benchmark – will kill the green shoots of an economic recovery.  Wall Street Journal weighs in here and the FT here and here. All eyes will be on today’s $11 billion reopening of the 30-year bond to see if the hammering continues.  Auction results due out around 1 pm and can be found here.

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