Quotes from Wells Fargo Securities:
-Since the beginning of the year, the U.S. Treasuries market has perplexed even the most seasoned investors and money managers.
-Despite most experts' expectations of higher interest rates across the maturity spectrum in 2014, sluggish global growth, lower inflation expectations and higher demand for safe, quality assets have driven down rates on the long end of the Treasuries curve considerably.
-We expect the yield curve to continue to flatten in the year ahead.
The material has been provided by InstaForex Company – www.instaforex.com