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U.S. yields up from record lows on Spain report

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


U.S. yields up from record lows on Spain report

Postby admin » Thu May 31, 2012 8:00 pm

U.S. yields up from record lows on Spain report
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- Treasury prices pared gains in afternoon trading Thursday, lifting yields up from record lows, after The Wall Street Journal reported that the International Monetary Fund has started contingency planning for a rescue loan for Spain if the country can't find the funds needed to bailout lender Bankia SA . Yields on 10-year notes , which move inversely to prices, fell 3 basis points to 1.60%, up from their record low of 1.54%.
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