Thursday, June 21, 2007

TREASURIES-Short-dated debt rises on rate, credit fears

(Reuters) - NEW YORK, June 21 - Shorter-dated U.S. Treasury
debt prices rose modestly on Thursday as investors sought
safe-haven assets amid concerns about hedge fund problems
stemming from U.S. subprime mortgages.




Jittery investors who want to pare their exposure to
long-term rates or adjust their hedges on mortgage holdings
fueled demand for shorter-maturity Treasuries, analysts said.


Read more at Reuters.com Bonds News

No comments: