Treasuries Rise –

The yield on 10 year Treasures fell 7 basis points in afternoon trading on Tuesday.  The demand for Treasuries increased after there were declines in homes prices and consumer confidence.  There was also higher demand for the sale of $35 billion of 2 year securities.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2012-03-27/treasuries-rise-as-u-s-sells-35-billion-of-two-year-notes.html

James Sutliff

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