Tuesday, July 24, 2007

U.S. Treasuries Are Little Changed as Traders Weigh Credit Market Risks

(Bloomberg) -- Treasuries were little changed, with
10-year note yields holding near the lowest in more than six
weeks, as concerns about riskier credit markets lend support to
U.S. debt.

Yields on benchmark 10-year securities were below 5 percent
for a third day. The difference between yields on 10-year
Treasuries and swaps widened to 69 basis points, the most in more
than five years. Wider swap spreads are associated with concern
over higher borrowing costs for companies.


Read more at Bloomberg Bonds News

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