Friday, July 20, 2007

GLOBAL MARKETS-Stocks sink, US bonds jump on more subprime angst

(Reuters) - NEW YORK, July 20 - Global stocks and riskier
corporate bonds tumbled on Friday as investors scrambled to
get into safe-haven Treasuries amid an unrelenting stream of
worries about the U.S. subprime mortgage market.




U.S. junk bonds took a beating, while the dollar sank to a
record low against the euro and a 26-year trough against
sterling.


Read more at Reuters.com Bonds News

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