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Greek Crisis, China Slump Fuel Treasury Bond Demand
By: Investor's Business Daily - Investing RSS
Posted on May 14, 2012 at 18:04 PM EDT
Treasury prices rose Monday, pushing yields to the lowest since early October as political turmoil in Greece, an anti-austerity vote in Germany and concern of slower growth in China drove a bid for safety. Uncertainty over the impact of a potential Greek exit from the euro spurred the rush to safety, hurting riskier assets and helping U.S. government debt. Germany's political landscape appeared to be shifting as Chancellor Angela Merkel's
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