(Bloomberg) -- Japan's government bonds rose after
U.S. Treasuries gained last week as investors sought a haven
from possible hedge fund losses.
Ten-year bonds climbed for a second day as the Nikkei 225
Stock Average fell on concern losses in the U.S. subprime market
will be worse than expected, triggering a decline in global
stocks. Treasuries, which often lead Japan's bond prices, rose
June 22 after Bear Stearns Cos. offered to provide $3.2 billion
in loans to bail out one of its money-losing hedge funds.
Read more at Bloomberg Bonds News
U.S. Treasuries gained last week as investors sought a haven
from possible hedge fund losses.
Ten-year bonds climbed for a second day as the Nikkei 225
Stock Average fell on concern losses in the U.S. subprime market
will be worse than expected, triggering a decline in global
stocks. Treasuries, which often lead Japan's bond prices, rose
June 22 after Bear Stearns Cos. offered to provide $3.2 billion
in loans to bail out one of its money-losing hedge funds.
Read more at Bloomberg Bonds News
No comments:
Post a Comment