Tuesday, July 24, 2007

TREASURIES-Bonds up as housing worries return

(Reuters) - Treasuries derived support from a fresh slide in U.S. stock
index futures on disappointing profits. Chemical maker DuPont
Co. . was among them but building materials maker USG
Corp gave the Wall Street losses a fresh housing
angle.




Financial markets have been watchful for any new housing
worries, particularly from the troubled market for risky
subprime mortgages, which last week sparked the biggest rally
in benchmark bonds since March.


Read more at Reuters.com Bonds News

No comments: