President Obama’s tax-cut agreement with House Republicans has led to the second day of widespread drops in Treasury bond and note prices. Fearing that the plan will create deeper budget deficits and raise interest rates, bond prices have plummeted. The yields on Treasury bonds and notes jumped as their prices fell. The 10-year T-note yield […]
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Obama Tax Cuts Cause Stiff Treasury Selloff
Wednesday, December 8th, 2010 | Comments Off on Obama Tax Cuts Cause Stiff Treasury Selloff
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