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Latest Government bond Stories

2008-12-12 15:06:11

Returns on U.S. Treasury bonds have skyrocketed this year, as investors have flocked to the market backed by the U.S. government. Merrill Lynch & Co. chief North American economist David Rosenburg said the market for government bonds had reached a bubble with prices unrealistically high due to overwhelming demand. Returns on 30-year U.S. Treasury bonds hit 27 percent this year, while 10-year and two-year Treasury bonds have hit 12.6 percent and 5.8 percent, respectively, The Dallas...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'