(Reuters) - The benchmark 10-year note yield's rise to 5.20 percent
after Friday's strong jobs report "has a lot to do with the
bid," on Monday, said Jim Caron, co-head of global rates
research with Morgan Stanley in New York.
In addition, investors are mulling the extent to which the
subprime mortgage debt market has deteriorated over the past
month and are anticipating signs that has taken a toll on
consumers in June economic reports, Caron added.
Read more at Reuters.com Bonds News
after Friday's strong jobs report "has a lot to do with the
bid," on Monday, said Jim Caron, co-head of global rates
research with Morgan Stanley in New York.
In addition, investors are mulling the extent to which the
subprime mortgage debt market has deteriorated over the past
month and are anticipating signs that has taken a toll on
consumers in June economic reports, Caron added.
Read more at Reuters.com Bonds News
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