Sliding Equities Draw Bond Buyers, Yields Play Limbo

Minting new phrases such as “reprofile” to float the idea of a solution to the problematic health of peripheral European governments’ debt misses the point that none of the previously floated solutions appear to be long-lasting. Fatigue among investors hanging on in vain for positive news out of Brussels appeared to be playing a role in driving government bond yields to the lowest in 2011. Tepid U.S. data added to rising demand for the safety of Treasuries regardless of the ugly state of America’s fiscal tower.

Source: http://blogs.forbes.com/greatspeculations/2011/05/17/sliding-equities-draw-bond-buyers-yields-play-limbo/

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