Treasury bull getting tired?
A weak overnight session in equities paved the way for a continuation of the safety bid in Treasuries. However, as the trading volume faded so did prices. At the time of the day session close, the long bond was nearly a handle off of its early morning high. The U.S. dollar suffered a similar decrease in interest in the "flight to quality "trade which worked against Treasuries. The September dollar index was trading near 78.53 at the 3 pm Eastern close of the official day session and seemed to
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