Aug 9, 2011

Treasuries Moved Up After The Downgrade

In Friday Bloomberg interview I argued that Treasury yields would go DOWN not up following the S&P downgrade. Case closed.

Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT) iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT), iShares Lehman 7-10 Yr Treas. Bond (ETF) (NYSE:IEF)