Tuesday, January 05, 2010

U.S. Treasuries Post Worst Performance Among Sovereign Markets

U.S. Treasuries Post Worst Performance Among Sovereign Markets
"Treasuries were the worst performing sovereign debt market in 2009 as the U.S. sold $2.1 trillion of notes and bonds to fund extraordinary efforts to bolster the economy and financial markets.
Investors in U.S. debt lost 3.5 percent on average through Dec. 30, according to Bank of America Merrill Lynch indexes, the biggest annual slide since at least 1978."

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