Treasuries Gain In August –

Treasuries posted their biggest monthly gains since December 2008.  Investors looked towards the safety of US Treasuries even as Standard & Poor’s downgraded US debt.  The yield on a 10 year note fell 60 basis points in the month of August as compared to a drop of 71 basis points in December 2008. 

To read a related Bloomberg article, please click here:

James Sutliff

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