ForexLive North American wrap: Bloodbath in bonds

Treasuries slump on dimmed QE3 hopes US US Feb import prices +0.4% vs +0.6% exp US current account deficit highest since 2008 Norway announces surprise rate cut to 1.50% OECD says G20 growth 0.7% in Q4 vs +0.9% in Q3 Bernanke: frustratingly slow recovery impedes lending Obama/Cameron: There is time to deal with Iran diplomatically Greek PM touts Fitch upgrade Venizelos expects elections in 6-7 weeks US sells 30-year bonds at 3.38% Quakes continue to rattle Japan S&P 500 up 0.1% to 1394