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Gains for Treasuries (By Bloomberg News) -- Treasury bond prices rose yesterday on expectations that signs of waning consumer confidence might persuade the Federal Reserve to lower interest rates as soon as this week.
The yield on the benchmark 10-year U.S. Treasury note rose to 2.70%, from 2.66% Wednesday, as demand for treasuries waned in light of optimism in the equity markets.
A default would destabilize the market for Treasuries.
Mr Dimon paints an even starker picture for Treasuries.
(The outlook for Treasuries is not positive, he said).
For Treasuries, it's not such a big problem.
There is a forward market for Treasuries, where such esoteric things trade.
So far, however, investors have grown only more clamorous for Treasuries.
Some moments were good for Treasuries, some for equities, some for blue-chip stocks.
So have you ditched stocks for Treasuries or gold of late?
We're seeing every type of assets in the world being sold right now except for Treasuries".
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