(Bloomberg) -- Treasury yields rose as gains in
stocks suggested less concern among investors that losses on
subprime loans in the U.S. will hurt the broader economy.
Traders said the rapid drop in 10-year yields from 5.327
percent on June 13 to 4.93 percent July 20 was unsustainable and
that an inability to push yields lower this morning led to
selling.
Read more at Bloomberg Bonds News
stocks suggested less concern among investors that losses on
subprime loans in the U.S. will hurt the broader economy.
Traders said the rapid drop in 10-year yields from 5.327
percent on June 13 to 4.93 percent July 20 was unsustainable and
that an inability to push yields lower this morning led to
selling.
Read more at Bloomberg Bonds News
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