The US Treasury bond has recovered from its lows and has been at an all time high when it touched 5.335 last week. The buy back of bonds worth USD 4 billion was a step towards the correction of the Yield cover for the 30 year note whose yield should always be the highest as compared to the others because of its long tenure and associated extra risk ( fundamentally). It has managed to recover a part of its losses in two trading sessions after the announcement but it ha sdropped in the sessions of Friday last week and Monday this week.