Monthly Archives: March 2013

Cyprus Banking Failure to Crash U.S. Stocks? Independent Financial Advice

The systemic bank failure in Cyprus that was announced Friday night made the yield on the U.S. Treasury 10 year note go to 1.95%, about the midpoint of the last 30 calendar days of trading. Only a week earlier on March 8 the U.S. monthly employment report shocked the bond market with a surprise decrease in the jobless rate, which was a reason for interest rates to go up.

March 18th, 2013|mayflowercapital blog|Comments Off on Cyprus Banking Failure to Crash U.S. Stocks? Independent Financial Advice