(Bloomberg) -- Treasury two-year notes rose as
investors sought refuge in the safest debt on concern losses at
hedge funds run by Bear Stearns Cos. may increase.
The difference in yields between two-year notes, which
typically gain more in times of turmoil, and benchmark 10-year
yields widened for a third straight day. The perceived risk of
owning European corporate bonds, as measured by credit default
swaps, rose the most in two weeks.
Read more at Bloomberg Bonds News
investors sought refuge in the safest debt on concern losses at
hedge funds run by Bear Stearns Cos. may increase.
The difference in yields between two-year notes, which
typically gain more in times of turmoil, and benchmark 10-year
yields widened for a third straight day. The perceived risk of
owning European corporate bonds, as measured by credit default
swaps, rose the most in two weeks.
Read more at Bloomberg Bonds News
No comments:
Post a Comment