Monday, June 4, 2007

Israeli Shahar Bonds Decline as Yield Advantage Over U.S. Debt Diminishes

(Bloomberg) -- Israel's benchmark Shahar bonds fell
as the yield gap against U.S. debt narrowed, making the country's
assets less attractive to investors.

The yield gap, or spread, between the 10-year U.S. benchmark
note and Israel's equivalent-maturity debt narrowed to 1 basis
point today, Bloomberg data show. U.S. Treasury yields have risen
on signs the world's largest economy is gathering pace, after a
report June 1 showed job creation rose faster than economists
expected.


Read more at Bloomberg Bonds News

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