While you were sleeping EU's dark shadow

Wed, 26 Sep 2012

By Margreet Dietz Sept 27 (BusinessDesk) - Protests in Spain and Greece put the European sovereign debt crisis centre stage, renewing investors' worries about the risk the euro zone's problems pose to global growth and corporate profits. Those concerns are underpinning demand for fixed-income securities including US Treasuries, and helped fuel appetite for today's auction of US$35 billion of five-year bonds. “It was a good auction,” Charles Comiskey, head of Treasury trading at Bank of Nova Scotia in New York, which as a primary dealer is ob...

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