Buyers Pour Into Short-Term Treasuries For Just 1.4%

Three-year treasuries sold well today, fetching a yield of 1.404% and sparking a rally post-auction. The three-year’s yield has hit about 1.35% right now according to Bloomberg.

Given that Ben Bernanke recently signaled his unwillingness to raise rates until we see progress on the U.S. unemployment front (which will be a while), then unless you’re a buyer of stocks right now, it’s hard to blame these buyers.


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at