Treasure notes gain recognition among investors

Note: This section contains information in English only.
Source: Bloomberg
Demand for short-term bonds has been increasing rapidly as investors remain cautious regarding Eurozone debt turmoil. Traders have submitted $748.5 bn in offers for the $54.4 bn of  short term assets maturing 2012 - 2014. 13.8 to 1 ratio beats the typical 3-to-1 offer. The bids indicate that the Federal Reserve borrowing rate may remain at record low.

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