Fresh worries about the heath of the eurozone financial system compounded with concerns over the prospects for global growth, hitting equity markets across the world and sending investors into perceived safe havens, such as US treasuries. See the FT’s rolling global overview here, which notes the the yield on the 2-year US Treasury note reached a record low on Tuesday. FT Alphaville has some (more) random reasons to be bearish.

This entry was posted by Paul Murphy on Tuesday, June 29th, 2010 at 21:38 and is featured in The 6am Cut London (30 Jun 2010), The Closer (29 Jun 2010) . Tagged with Equities, US Treasuries. Edit this entry.