WELL, THIS IS BETTER NEWS THAN I EXPECTED: Treasuries Rally After Stronger-Than-Forecast 30-Year Demand. “Treasuries surged after a $12 billion sale of 30-year bonds drew the strongest demand since November 2007, the last of three auctions this week that each attracted more investors than forecast. Thirty-year bonds rallied the most in almost six months as the debt drew a yield of 4.238 percent, the lowest level since March and below the 4.289 percent forecast in a Bloomberg News survey.” Sounds like it was better news than most people expected. Thanks to reader Sean Giefing for the link.