Tuesday, July 10, 2007

Investors buy protective puts on Lehman bond fund

(Reuters) - Investors often turn to equity puts, giving them the right
to sell a stock at a preset price within a specified time
period, to guard their holdings against downside risk.




The iShares Lehman 20+ Year Treasury Index
, which tracks bonds with longer maturities in the
Treasury market, rose 1.59 percent, or $1.33, to close at
$85.04 on the New York Stock Exchange. The fund is also traded
on the American Stock Exchange.


Read more at Reuters.com Bonds News

No comments: