US Treasuries make further headway
Markets: Fixed Income On Tuesday, global bonds made further gains. Weaker equities played a role, but the intra-day negative correlation was far from perfect. The normalization on the short-term funding markets continued, but had little impact on the safehaven sensitive short end of the curve (2-year) contrary to Monday?s price action. Recession fears swirled around, also because of disappointing earnings reports. While tentatively some calm returned in the ST funding markets, the financial
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10/22/2008 7:23:19 AM
FXstreet.com: Fundamental
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