Baird Advisors Fixed Income Market Commentary for February 2010: Treasury Yields Unchanged

 

Baird Advisors Fixed Income Market Commentary for February 2010: Treasury Yields Unchanged

 
March 5, 2010
 
After fluctuating by as much as 25 bps during the month, Treasury yields finished February essentially unchanged. Ongoing sovereign risk concerns (viz. Greece) put downward pressure on Treasury yields while hopeful signs of a strengthening recovery (retail sales and manufacturing up, unemployment down) pushed yields upward.

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