WSJ: Treasury Bonds Extend Recovery From Recent Selloff
By Min Zeng
The Treasury bond market strengthened Tuesday, showing further signs of recovering from last week's selloff.
Demand for the safe-harbor market was boosted by uncertainty over the timing of Spain to request aid, a key trigger for the European Central Bank to launch its bond-buying program announced earlier this month.
Geopolitical concerns also supported the market, including rising tensions between China and Japan over claims on disputed islands and anti-Americans protests in some parts of the Middle East.
"The geopolitical concerns are gaining traction as well, ...