(Reuters) - NEW YORK, July 20 - The U.S. Treasury debt market
rallied on Friday, with benchmark yields falling to six-week
lows as investors flocked to government bonds from stocks and
other risky assets on subprime and credit worries.
Technically related buying also fueled the day's gains,
with bond bulls able to push through key levels on heightened
anxiety that subprime mortgage losses would spread to other
markets and eventually shave economic growth, analysts said.
Read more at Reuters.com Bonds News
rallied on Friday, with benchmark yields falling to six-week
lows as investors flocked to government bonds from stocks and
other risky assets on subprime and credit worries.
Technically related buying also fueled the day's gains,
with bond bulls able to push through key levels on heightened
anxiety that subprime mortgage losses would spread to other
markets and eventually shave economic growth, analysts said.
Read more at Reuters.com Bonds News
No comments:
Post a Comment