The flight to safety trade is alive and well, for now.
The dollar and Treasury bonds rallied Wednesday after Greece's prime minister offered to resign. His resignation would mark the third fall of a bailout country government in recent months, after the collapse of Ireland's governing party last fall and the demise of Portugal's ruling group this spring.
The yield on the 10-year Treasury note plunged to 2.97% from 3.09% at the MORE