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Are Treasuries Losing Their Safe-Haven Luster?

seekingalpha.com » 2008 » October » 11th » Are Treasuries Losing Their Safe-Haven Luster?

Tagged: brett steenbarger

Brett Steenbarger submits: As the S&P 500 Index (SPY; top chart) weakened through October, we saw the traditional flight to quality among 10-year Treasury notes, which hit a low yield of 3.4% on the 8th. Since that time, stocks have made harrowing new lows, but Treasury yields have soared, as investors have sold them off as well. Perhaps, amidst the glut of borrowing the U.S. will have to … Continue Reading »

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