U.S. Treasury notes rose with other global government bond markets after bombs in Madrid killed at least 170 people, boosting demand for low-risk investments.
"People want to move out of riskier assets when something like this happens and move money into a safer haven like bonds," said Paul Calvetti, head of U.S. Treasury trading at Barclays Capital Inc. in New York. |
It may change, though. I've read a couple of articles that don't think the group Spain has been blaming the attacks on is actually responsible. Josh Marshall comments.
No comments:
Post a Comment
Comments are moderated. There may be some delay before your comment is published. It all depends on how much time M has in the day. But please comment!