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Bond Expert: Monday Wrap

Posted on May 19, 2008

Prices of Treasury coupon securities have posted mixed results todaywith securities with maturities of 5 years and less posting marginalgains and securities with longer maturities finishing dramaticallyunchanged. The yield on the 2 year note has declined by 3 basis pointsto 2.41 percent. The yield on the benchmark 5 year note had moved lowerby 1 basis point to 3.10 percent. The yield on the 10 year note isunchanged at 3.84 percent and the yield on the Long Bond is unchangedat 4.58 percent. The 2 year/10 year spread has widened by 3 basispoints to 143 basis points.Treasury traders uniformly rep...

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corporate bond , markets , pipeline
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