(Bloomberg) -- Treasury two-year notes rose the
most in three months as investors dumped riskier assets and a
government report showed orders for durable goods fell more than
forecast in May.
Asian and European stock markets and U.S. stock index
futures fell, and the perceived risk of owning U.S. corporate
bond rose to a 10-month high in the derivatives market, on
concern over the extent of investor losses arising from defaults
on subprime mortgage loans. Treasuries gained as dealers
prepared to bid on $13 billion of five-year notes in the
government's monthly auction of the securities today.
Read more at Bloomberg Bonds News
most in three months as investors dumped riskier assets and a
government report showed orders for durable goods fell more than
forecast in May.
Asian and European stock markets and U.S. stock index
futures fell, and the perceived risk of owning U.S. corporate
bond rose to a 10-month high in the derivatives market, on
concern over the extent of investor losses arising from defaults
on subprime mortgage loans. Treasuries gained as dealers
prepared to bid on $13 billion of five-year notes in the
government's monthly auction of the securities today.
Read more at Bloomberg Bonds News
No comments:
Post a Comment