(Bloomberg) -- Treasuries fell amid a rise in stocks
as traders speculated that individual investors had yet to
participate widely in equity increases, suggesting potential for
further gains.
Traders sold Treasuries after purchases motivated by hedging
and concerns about riskier markets waned, blocking the 10-year
note yield from falling below 4.93 percent. Treasuries rose last
week as traders canceled bets on riskier securities as credit
spreads widened. Fully hedged market participants had less need
to buy Treasuries leading to a loss in momentum, traders said.
Read more at Bloomberg Bonds News
as traders speculated that individual investors had yet to
participate widely in equity increases, suggesting potential for
further gains.
Traders sold Treasuries after purchases motivated by hedging
and concerns about riskier markets waned, blocking the 10-year
note yield from falling below 4.93 percent. Treasuries rose last
week as traders canceled bets on riskier securities as credit
spreads widened. Fully hedged market participants had less need
to buy Treasuries leading to a loss in momentum, traders said.
Read more at Bloomberg Bonds News
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