Financial Times FT.com

Bonds “on steroids” after long bond sale

By Jennifer Hughes in New York

Published: February 10 2006 17:39 | Last updated: February 10 2006 17:39

The US Treasury market was “on steroids” this week, according to at least one market participant.

“Stellar” and “stunning” were also applied as the market digested the strong demand for Thursday’s sales of 30-year long bonds – the first in more than four years.

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