(Bloomberg) -- U.S. 10-year Treasury yields held
near the lowest in two months as investors sought the relative
safety of government debt on concern that losses on subprime
loans in the U.S. will hurt the broader economy.
Benchmark yields stayed below 5 percent for a second day
before a report this week that's expected to show home sales
fell to the lowest in four years in June. Federal Reserve
Chairman Ben S. Bernanke last week said inflation will recede
and housing market weakness may slow the economy.
Read more at Bloomberg Bonds News
near the lowest in two months as investors sought the relative
safety of government debt on concern that losses on subprime
loans in the U.S. will hurt the broader economy.
Benchmark yields stayed below 5 percent for a second day
before a report this week that's expected to show home sales
fell to the lowest in four years in June. Federal Reserve
Chairman Ben S. Bernanke last week said inflation will recede
and housing market weakness may slow the economy.
Read more at Bloomberg Bonds News
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