Early Weakness for Bonds Dissipates as Crude Oil Reverses

The knee-jerk drop in government bond yields that accompanied the announcement of bin Laden's demise is wearing off like a nerve-numbing analgesic. The argument that Al-Qaeda is rudderless following the loss of its leader and that the risk appetite hatches have been blown right off is simply Monday morning wishful

Bonds End April on a High Note

Treasuries put in their best performance in eight months during April with 10-year yields sliding by 17 basis points while two-year yields fell more aggressively by 20 basis points. The Fed said it wasn't thinking about ending its extended period of low interest rates anytime soon as it lowered the