Bonds Fizzle As European Crisis Stalls

July 15, 2011   |   July 2011 Bond Updates
U.S. data released Thursday failed to develop the argument that the Fed will ease further, while a successful auction of Italian government debt found buyers albeit at the costliest price in three years. Some of investors’ earlier fears have evaporated as quickly as they built leaving fixed income buyers perhaps a little overweight having spent a week feasting on safe haven bonds.

View more at: http://blogs.forbes.com/greatspeculations/2011/07/14/bonds-fizzle-as-european-crisis-stalls/
 
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