Nightmare on Wall Street: Dow Plunges 513 in Steepest Retreat Since '09
By Adam Samson
Published August 04, 2011
Reuters
Tension on Wall Street was extremely high on Thursday. Traders piled into Treasury bonds, seen as one of the safest non-cash assets during tumultuous times. Indeed, Treasury yields on 10-year Treasury securities dipped well below 2.5% -- the lowest since November.
