(Reuters) - Fears about the credit market fallout from the troubles in
U.S. subprime mortgages have also prompted investors to favour
Treasuries over other fixed-income securities, keeping 10-year
swap spreads near their widest levels in four years.
"Are the fears overblown? They probably are, but no one is
going to want to be short into the holiday," said a swaps trader
at a U.S. investment bank in Tokyo.
Read more at Reuters.com Bonds News
U.S. subprime mortgages have also prompted investors to favour
Treasuries over other fixed-income securities, keeping 10-year
swap spreads near their widest levels in four years.
"Are the fears overblown? They probably are, but no one is
going to want to be short into the holiday," said a swaps trader
at a U.S. investment bank in Tokyo.
Read more at Reuters.com Bonds News
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