Wednesday, July 4, 2007

U.S. Notes Decline After Demand for Safety Wanes on Easing Terror Concerns

(Bloomberg) -- Ten-year Treasuries fell on
speculation investor appetite for riskier securities will
increase after the U.K. reduced its terror alert and the U.S.
July 4 holiday passed without incident.

Notes dropped after stocks gained in Europe and Asia
yesterday, which helped reduce demand for the relative safety of
government debt. New York City stepped up counter-terrorism in
advance of July 4 after authorities in the U.K. arrested seven
on terrorism charges relating to incidents in London and Glasgow.


Read more at Bloomberg Bonds News

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