Wednesday, July 11, 2007

TREASURIES-Bonds slip in technical trade but subprime lingers

(Reuters) - Earlier this week, Treasuries gained as worries about the
performance of mortgage-related securities sparked a sell-off
in riskier assets such as stocks and non-government bonds.




"We went back to the old highs of 4.98 percent on
10-year notes. Technically we are selling off because of that,"
said Thomas di Galoma, head of U.S. Treasury trading with
Jefferies & Co. in New York.


Read more at Reuters.com Bonds News

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