Sunday, May 6, 2007

Bernanke Five-Year Note Proves Unbeatable Among Treasury Bond Investors

(Bloomberg) -- When Ben S. Bernanke talks, investors listen and that's made five-year Treasury notes the best bet in the government bond market.

Not only have the securities posted the biggest gains in six years, they've also returned more than longer- and shorter- term Treasuries for the first time since 2003, according to indexes compiled by Merrill Lynch & Co. The performance shows a growing conviction that rising consumer prices will keep the central bank from reducing interest rates this year.


Read more at Bloomberg Bonds News

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