Dollars and Jens
Tuesday, June 12, 2007
interest rates II
Another bad day for bonds.
Yields on 10-year Treasury notes climbed to the highest in five years as former Federal Reserve Chairman Alan Greenspan predicted an increase in benchmark yields and greater premiums on emerging-market debt.Up about 14 basis points, which is pretty solidly into "yikes" territory. A reopening of the 10-year issue didn't go as well as was hoped.
Update:
Description: 4 1/2 % NOTE C-2017
Term: 9-Year 11-Month
High Yield: 5.230 %
Price: 94.399130
Allotted at High: 64.49 %
Accrued Interest: $ 3.79076 per $1,000
Total Tendered**: 20,436,166
Total Accepted**: 8,000,068
Issue Date: 06/15/2007
Dated Date: 05/15/2007
Original Issue Date: 05/15/2007
Maturity Date: 05/15/2017
CUSIP: 912828GS3
**In thousands
Why do I think you care? Hard to say.
