Thursday, July 5, 2007

U.S. Treasury Notes Decline on Waning Demand for Safety of Government Debt

(Bloomberg) -- Ten-year Treasuries fell on
speculation demand for the relative safety of government debt
will wane after the U.K. reduced its terror alert and the U.S.
July 4 holiday passed without incident.

The yield climbed to the highest in almost a week as an
index of Asian stocks rose to a record, suggesting an increased
appetite among investors for riskier assets. The U.K. yesterday
said it had no intelligence suggesting more attacks after three
failed car bombs in London and Glasgow last week.


Read more at Bloomberg Bonds News

No comments: