It Looks Like The Bond Rally Is Over!
Posted on June 30, 2011 at 09:28 AM EDT
Tuesday, June 30, 2011. 9:25 a.m. QE2 ends today, and the bond market doesn’t seem to like the idea. As the end approached, the last three Treasury Department bond auctions have not gone well, investors not snapping up the new supply as they had been since February. It took higher yields (lower prices) to move [...]