Monday, March 2, 2009

Bonds and Gold: Buying Safety

10-year Treasuries
Gold
From Bloomberg:

The yield on the 10-year Treasury note fell three basis points to 2.98 percent in London, according to BGCantor Market Data. Bullion for immediate delivery rose as much as 1.7 percent to $958.51 an ounce in London as investors sought assets perceived as safe.