Strong February Pushes Indexes Well Into Positive Territory

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Though markets were mixed last week, the strong February rebound had major indexes well into positive territory for the year to date and many at or near all-time highs. The yield on the benchmark tenyear U.S. Treasury note fell slightly during the week, while bonds from a variety of European governments — including Germany, Italy, Spain, Portugal and Ireland — all touched new historical lows. Oil prices continued to be volatile.

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