US bonds slump

Posted by 7Star Thursday, March 12, 2009

US Treasury debt prices tumbled on Tuesday as a powerful surge on Wall Street and worries about the relentless deluge of government debt supply siphoned safe-haven bids for bonds. The US Treasury Department is scheduled to sell a combined $182 billion in securities this week, a part of the $2 trillion borrowing expected this year to finance the federal stimulus and bailout programs.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog