(Bloomberg) -- Treasuries rose amid speculation
hedge fund losses linked to subprime mortgage loans will fuel
demand for the world's safest, most liquid investment.
Other government bond markets also gained after Bear
Stearns Cos. last week offered $3.2 billion in loans to bail out
a hedge fund it managed. An industry report today is forecast to
show home resales fell last month to the lowest since June 2003.
Read more at Bloomberg Bonds News
hedge fund losses linked to subprime mortgage loans will fuel
demand for the world's safest, most liquid investment.
Other government bond markets also gained after Bear
Stearns Cos. last week offered $3.2 billion in loans to bail out
a hedge fund it managed. An industry report today is forecast to
show home resales fell last month to the lowest since June 2003.
Read more at Bloomberg Bonds News
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