(Bloomberg) -- Treasuries rose for a fourth day,
the longest rally since February, before a report on mortgage
applications that may add to evidence of a housing slowdown.
Yields on benchmark 10-year notes have fallen 11 basis
points this week as reports showed house construction declined
for the first time in four months and confidence among
homebuilders dropped to the lowest since 1991. Bonds have risen
on speculation a slowdown in the U.S. housing market will keep
the Federal Reserve from increasing interest rates.
Read more at Bloomberg Bonds News
the longest rally since February, before a report on mortgage
applications that may add to evidence of a housing slowdown.
Yields on benchmark 10-year notes have fallen 11 basis
points this week as reports showed house construction declined
for the first time in four months and confidence among
homebuilders dropped to the lowest since 1991. Bonds have risen
on speculation a slowdown in the U.S. housing market will keep
the Federal Reserve from increasing interest rates.
Read more at Bloomberg Bonds News
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