Tuesday, July 3, 2007

Treasuries Fall Most in Three Weeks as Demand for Riskier Bonds Stabilizes

(Bloomberg) -- Treasury 10-year notes declined the
most in three weeks as a drop in a measure of the perceived risk
of owning U.S. corporate bonds reduced demand for the safety of
government debt.

The CDX North America Crossover Index, made up of the debt
of 35 companies, fell for the first time in five days after
rising to a 10-month high yesterday, according to Deutsche Bank
AG.


Read more at Bloomberg Bonds News

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