(Bloomberg) -- Treasuries advanced for the first
time in four days on speculation subprime mortgage losses and
higher lending rates may slow U.S. economic growth.
Benchmark yields increased last week by the most in more
than a year on reports for June showing unexpected strength in
hiring, manufacturing and services. A reluctance to lend as
mortgage defaults and delinquencies rise may slow economic
growth, buoying U.S. government debt.
Read more at Bloomberg Bonds News
time in four days on speculation subprime mortgage losses and
higher lending rates may slow U.S. economic growth.
Benchmark yields increased last week by the most in more
than a year on reports for June showing unexpected strength in
hiring, manufacturing and services. A reluctance to lend as
mortgage defaults and delinquencies rise may slow economic
growth, buoying U.S. government debt.
Read more at Bloomberg Bonds News
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