Treasury five-year note yields fell to almost the lowest level since June amid speculation demand at a $35 billion sale of the securities will be boosted on bets the Federal Reserve will maintain stimulus.
Treasuries fell, paring weekly gains, on speculation insurers in Japan may sell U.S. government debt to pay claims on damage caused by the nation’s strongest earthquake on record.
"They are starting to take out an aggressive Fed. The' be patient' may still be in there."
- Michael Franzese on Jan 28, 2015