email:  
 
 
  
 

Friday, June 09, 2006

Hawkish" Comments Send Bonds Higher

"Hawkish" comments send Bonds higher: 30-year Bond Futures closed higher yesterday, reaching highs not seen since mid-April, as traders are becoming increasingly certain the Federal Reserve will raise rates at their June 28th meeting. Fed policy makers have been speaking out about their concerns on recent inflation data, sparking ideas that a rate increase in June is a certainly. Read More....