Wednesday, July 25, 2007

Treasuries Little Changed as $18 Billion Two-Year Auction Attracts Bids

(Bloomberg) -- Treasuries were little changed, with
yields on 10-year notes near the lowest in almost eight weeks,
amid continuing concern regarding credit-market risk.

Investors seeking safer investments pushed down yields on
two-year notes, which touched the lowest in 10 weeks after the
government's sale of $18 billion of the securities. The notes
sold at a yield below the forecast in a Bloomberg News survey of
eight of the 21 firms that underwrite the government's debt.


Read more at Bloomberg Bonds News

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