(Bloomberg) -- U.S. two-year Treasuries rose after
a gauge of owning corporate debt surged to the highest in at
least three years.
Benchmark 10-year bonds also strengthened, pushing yields
to near the lowest in more than two months, after Germany's IKB
Deutsche Industriebank AG reported losses on U.S. subprime
mortgages. Treasuries extended gains into a fourth week on
concern rising defaults on home loans to people with poor credit
histories will worsen a housing slowdown and hurt economic
growth.
Read more at Bloomberg Bonds News
a gauge of owning corporate debt surged to the highest in at
least three years.
Benchmark 10-year bonds also strengthened, pushing yields
to near the lowest in more than two months, after Germany's IKB
Deutsche Industriebank AG reported losses on U.S. subprime
mortgages. Treasuries extended gains into a fourth week on
concern rising defaults on home loans to people with poor credit
histories will worsen a housing slowdown and hurt economic
growth.
Read more at Bloomberg Bonds News
No comments:
Post a Comment