The Free Market has spoken: U.S. debt is a great investment

[SeanL]

Rush for 10-year Treasury paper

Investors bypassed Wall Street dealers and were record-sized buyers of 10-year Treasury debt on Wednesday at the lowest yields for a government bond auction.

In a historic Treasury auction result, the $21bn sale of 10-year paper arrived at the lowest recorded regular auction yield of 1.459 per cent, just above June’s all time low of 1.44 per cent for the benchmark issue.

http://www.ft.com/intl/cms/s/0/41c91...#axzz20PeUtT6B