US Treasuries hit by biggest sell-off since Lehman

[bearice]

US Treasuries suffered their biggest two-day sell-off since the collapse of Lehman Brothers, following a torrid month that has seen borrowing costs for western governments soar.

Germany, Japan and the US have all seen their benchmark market interest rates rise by more than a quarter in the past month while the UK’s has risen by nearly a fifth.

“You could argue that we are at a new stage where the global cost of capital goes higher and higher,” said Steven Major, global head of fixed income research at HSBC.

Source-: http://www.ft.com/

 

[brokenmarkets]

listen moron.

the US is buying and participating in the US markets with PHANTOM money!!!

the US is even buying stocks so it can build 'confidence' it's resulting in less confident...as it means the markets are on gov't welfare.. paper profits on paper...paper economy..what people need is income and income investments not feel good ponzi scheme investments.

and btw only short term loans like overnignth and 3 month and 6 month zero interest...the most important interest rates like 5 year and ten years loans are still the same...

thanks to the fed inflation policy peoples's food and gas cost has risen by at least 25%..

there is no recovery if consumers don't have jobs and don't disposable income drops.

Quote from bearice:

US Treasuries suffered their biggest two-day sell-off since the collapse of Lehman Brothers, following a torrid month that has seen borrowing costs for western governments soar.

Germany, Japan and the US have all seen their benchmark market interest rates rise by more than a quarter in the past month while the UK’s has risen by nearly a fifth.

“You could argue that we are at a new stage where the global cost of capital goes higher and higher,” said Steven Major, global head of fixed income research at HSBC.

Source-: http://www.ft.com/

 

[wilburbear]

minister rudd of australia, just today, broke ranks with the u.s. on the wikileaks matter.

the drip, drip on wikileaks may be the reason treasuries are selling off. u.s. influence will be diminished. and this will continue for weeks.

 

[Kawlijaa]

Could be China is backing out some of its holdings.