Treasuries TANK On Final Day Of QE2

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		Tech Media Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, June 30, 2011 Treasuries TANK On Final Day Of QE2 Today is the final day of QE2, and many have bet that when the Fed's bond-buying program ends, Treasuries will tank. And holders of this view might feel good about their view based on action over the final few days, especially today. As you can see, yields have really run up over the last few days, with a big pop today (the chart shows 10-year yields). But before you blame the end of QE2, consider two things. First, stocks have been on a huge run for all kinds of reasons lately, and that's always positive for yields. And also, people are talking about end-of-quarter rebalancing, as funds allocate money away from credit (which has done well) to equities) which have underperformed. Read » Also On Money Game Today: This Is The Most Bullish Thing We've Seen In Awhile The Default Heard Round The World? Chinese Highway Tells Investors It Can't Pay One State Where Employment Is In The Midst Of An Oil Driven Boom How The U.S. Treasury Changed Its Rules Because It Caught China Buying More Bonds Than It Disclosed Advertisement CHART OF THE DAY: How One Meaningless Headline Made Markets Go Bonkers In A Flash CHART OF THE DAY: The Housing Double Dip ACCELERATES CHART OF THE DAY: The Good News Is That Housing Is Slowly Becoming Irrelevant Share this: Buzz Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.wyldside@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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