(Reuters) - NEW YORK, July 23 - U.S. Treasuries eased on
Monday, pulling benchmark yields back from recent six-week lows
as a firm equities outlook signaled at least a temporary
recovery in other markets from last week's subprime credit
scare.
Financial market losses related to subprime, the mortgage
sector that targets borrowers with poor credit, led to a flight
to quality by investors into Treasuries last week, giving
10-year notes their best rally since since March.
Read more at Reuters.com Bonds News
Monday, pulling benchmark yields back from recent six-week lows
as a firm equities outlook signaled at least a temporary
recovery in other markets from last week's subprime credit
scare.
Financial market losses related to subprime, the mortgage
sector that targets borrowers with poor credit, led to a flight
to quality by investors into Treasuries last week, giving
10-year notes their best rally since since March.
Read more at Reuters.com Bonds News
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