US treasury yields hit record low

For fearing the fall of economy in US and other major economies, investors intend to shelter themselves at treasury market in prevention of risks, thus causing treasury yields hit the recorded low point at <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />UK, Germany and US market. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

In this case, the chairman of the Fed, Ben Bernanke is therefore focused due to the sliding of treasury yields, which is going to make speech on Friday on related policies-Mortgage backed securities, which has resulted in large amount of funds poring into treasury market. Bernanke is expecting to reaffirm the market that the Fed is no longer to be pessimist in facing economic growth.