Treasury Notes Decline as Euro Officials Reach Accord on Greece

Treasury Notes Decline as Euro Officials Reach Accord on Greece
“A positive resolution is a positive for risky assets, and it removes the bid away from Treasuries,” said Gary Pollack, who manages $ 12 billion as head of fixed-income trading at Deutsche Bank AG's Private Wealth Management unit in New York. “There's …
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ECB's Draghi wants to buy bonds, but who will sell?
Holders of 5- to 10-year debt are likely to be hedge funds or other asset managers that bought government bonds in anticipation of the ECB entering the market. "The ECB have a lot of flexibility in the sense that they haven't disclosed what amounts …
Read more on Reuters

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