(Bloomberg) -- U.S. Treasuries rose on speculation
mounting losses in securities backed by subprime mortgage loans
will fuel demand for government debt.
Indexes based on the value of securities backed by the
mortgages fell, with some making new lows. The benchmark 10-year
note's yield last week touched a one-month low amid speculation
the will eventually prompt the Fed to cut interest rates for the
first time since 2003.
Read more at Bloomberg Bonds News
mounting losses in securities backed by subprime mortgage loans
will fuel demand for government debt.
Indexes based on the value of securities backed by the
mortgages fell, with some making new lows. The benchmark 10-year
note's yield last week touched a one-month low amid speculation
the will eventually prompt the Fed to cut interest rates for the
first time since 2003.
Read more at Bloomberg Bonds News
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