Treasurys Rally as Ukraine Crisis Escalates

Dank aan Tolec van ANDROMEDA COUNCIL:
Important –  Critical News Story
Update –
March 3, 2014
Here is how the perceived threat of war (Russia & Ukraine) can make investors ‘jumpy, manipulate financial markets… & thereby cause less desire for certain types of financial instruments… and greater desire & limited stabilization for another type, a government issued debt security.  I strongly suggest you read this article & what it implies:    
 
By Carolyn Cui

U.S. Treasurys rallied Monday as the Ukraine crisis escalated over the weekend, unsettling global financial markets and triggering a flight-to-safety bid for safe-haven assets. During the weekend, Russian troops seized border posts in Ukraine’s Crimea peninsula and are making moves to significantly expand its forces from the region. The military action was a sharp escalation of Ukraine’s political crisis into a development that has broader implications for the world’s trade and economy, rocking global financial markets Monday. Investors rushed into perceived safe-haven assets such as Treasurys, while cutting their exposure to stocks. In early trade, benchmark 10-year notes rose 8/32 to yield 2.630%, according to Tradeweb. The 30-year bond added 14/32 to yield 3.569%. Bond yields move inversely to their prices. Some of the early gains were erased after the U.S. trading session started, as investors turned their attention to the latest signs showing the U.S. recovery was gaining traction. Personal consumption rose a seasonally adjusted 0.4% in January from a month earlier, according to the Commerce Department. That exceeded economists’ forecast for a 0.1% increase. On the inflation front, the price index for personal consumption expenditures remained unchanged at 1.2% year on year, which was slightly stronger than the market consensus for a modest pullback to 1.1%, according to the same report. Write to Carolyn Cui at carolyn.cui@wsj.com


					
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