However, a report out of the UK showing that money supply is barely moving and a weak bond auction in Italy has put traders back into uncertainty mode.
Analysts say the rise in yields, along with other signs of turbulence, including a weak bond auction and sudden spikes or drops in prices, show investors are skittish about the effect of the BOJ's purchases.
Aanalysts say the rise in yields, along with other signs of turbulence, including a weak bond auction and sudden spikes or drops in prices, show investors are skittish about the effect of the BOJ's purchases.
"With the weak Italian bond auction, the choppy market and everything else coming out of Europe, it's a sense of 'here we go again, '" said Joe Bell, senior equity analyst at Schaeffer's Investment Research.
He lost his audience then and never got it back, making it clear that the bond was weak from the start, partly because of those irritating happy feet.
Ten-year AAA munis were unchanged yielding 2.26% (98.3% of treasuries) after a weak 30-year long bond auction.
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They also tend to trade like a bond in a weak market environment or when company fundamentals are weak.
The markets are closely focused on the bond yields of the weak Eurozone countries when the yield on Italian bonds spiked above 7%, it rattled the markets, although several countries have higher yields.
Italian bond yields climbed following a weak auction of short-term bills.
With core inflation declining and nominal economic growth rates weak in the aftermath of financial crisis, bond yields should trend lower in coming quarters.
When ECB President Mario Draghi was asked if the central bank would increase its sovereign bond-buying in light of weak auctions across the euro zone, he said no.
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Rising bond yields in Portugal Wednesday and some weak economic data from the European Union also have heightened the EU sovereign debt crisis jitters.
With bond funds, the link was so weak that the relatively high expenses charged by actively managed funds overwhelmed the value of their modest outperformance.
European stocks were lower Thursday on the Cyprus and Italy worries, and the weak German economic data, while Italian and Spanish bond yields inched higher.
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Rising bond yields in Portugal Wednesday and some weak economic data from the European Union also have heightened the EU sovereign debt crisis jitters just a bit.
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Fresh developments on the European Union debt crisis scene include higher Italian bond yields Wednesday and some fresh, weak economic data coming from the EU. That pushed the Euro currency to a fresh 11-month low Wednesday, which in turn boosted the U.S. dollar index.
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Fresh developments on the European Union debt crisis scene include higher bond yields Wednesday and some fresh, weak economic data coming from the EU. That has pushed the Euro currency to a fresh 11-month low Wednesday, which has in turn boosted the U.S. dollar index.
However, signs are beginning to show that the European bond markets have already pulled back in anticipation of weak investor demand.
Finally, Mr. Sarkozy said he would accept the private-sector involvement if Ms. Merkel dropped her resistance to giving the euro-zone bailout fund broad new powers to buy debt of weak countries directly and move to protect such countries as Spain and Italy from bond-market contagion.
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The weak news on housing seemingly overcame some slightly worrisome inflation data in the minds of bond investors.
Although they now have a strong bond, it's funny to discover that their friendship started with a relatively weak thread.
While the municipal bond market is so frothy and has bid up all prices, sell out your weak issues and swap into strong credits.
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Markets had a weak open Monday as talk of spending cuts to address the rising national deficit pushed short-term bond yields up slightly higher.
Most bank bond purchases have been of debt issued by their own governments, and this reinforces the interdependence of weak banks and weak governments that has deepened the crisis over the past two years.
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