(Bloomberg) -- Treasuries fell for the first time
in three days as concern ebbed about losses in securities backed
by subprime mortgage loans.
Investors sold government debt after Merrill Lynch & Co.,
the third-biggest U.S. securities firm, said second-quarter
profit rose 31 percent even as revenue declined in the unit that
includes its mortgage business.
Read more at Bloomberg Bonds News
in three days as concern ebbed about losses in securities backed
by subprime mortgage loans.
Investors sold government debt after Merrill Lynch & Co.,
the third-biggest U.S. securities firm, said second-quarter
profit rose 31 percent even as revenue declined in the unit that
includes its mortgage business.
Read more at Bloomberg Bonds News
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