Treasuries rallied sharply on Wednesday after the Federal Reserve cut interest rates.
The Fed lowered its benchmark federal funds rate by a quarter percentage point to 2 percent, as investors had anticipated. In a statement, the Fed left the door open to additional rate cuts.
The benchmark Ten-year notes rose 22/32 in price to yield 3.740 at 4:38 p.m. in New York
Two-year treasuries rose 5/32 to yield 2.278 percent. Thirty-year bonds were up 1 12/32 in price to yield 4.471 percent.

Eritrea is considering five more applications for exploration licences, and will make its decision within the year.
A Swiss pilot strapped on a jet-powered wing and leaped from a plane Wednesday f...
The One Laptop Per Child project is about to find out whether Microsoft Corp., a...


Professional Website Design For Corporate - Get a Free Quote Today
The Success Trading Group’s Free Report will show you exactly how!
Find the most up to date research from leading investment firms to make the most informed investing decisions