Baird Advisors Fixed Income Market Commentary - October 2009
November 13, 2009
Short –term Treasury yields fell slightly and long-term yields rose slightly in October as signals from the Fed indicated continued commitment to its 0% Fed funds target for the time being. The difference between 2 and 30-year yields increased to 334 bps from 310 bps on September 30 as expectations of imminent Fed tightening faded.
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