Thursday, June 7, 2007

Central banks seek bonds, but not Treasuries - UBS

(Reuters) - Just 3 percent of the 90 central banks surveyed said they
invested only in Treasuries, down from 31 percent five years
ago as they diversified foreign currency reserves, UBS said in
a June 5 report detailing the poll.




"Central banks have become increasingly focused on
maximizing long-term total return while controlling risk," UBS
mortgage analysts, led by Laurie Goodman, said in the report.


Read more at Reuters.com Bonds News

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