The Traderszone Network

Published in TZ Latest News 12 May, 2015 by The TZ Newswire Staff

Treasuries Recover A Bit; Value Seen After Sell-Off

Treasuries rose Tuesday, recovering from an overnight sell-off as the U.S. government’s auction of three-year notes demonstrated there’s no buyer’s strike in the bond market. A $24 billion three-year-note auction drew the strongest bidding since 2009 from a group of investors that includes foreign central banks after a global bond rout wiped out more than $450 billion of value.

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