(Bloomberg) -- U.S. Treasuries were little changed,
with two-year yields near their lowest since May, before a
Commerce Department report that economists say will show new
home sales fell.
A separate private survey today may show consumer
confidence dropped, adding to expectations the Federal Reserve's
next move will be to cut interest rates. Demand for the relative
safety of U.S. government debt also rose on concern hedge fund
losses linked to mortgage defaults will spread.
Read more at Bloomberg Bonds News
with two-year yields near their lowest since May, before a
Commerce Department report that economists say will show new
home sales fell.
A separate private survey today may show consumer
confidence dropped, adding to expectations the Federal Reserve's
next move will be to cut interest rates. Demand for the relative
safety of U.S. government debt also rose on concern hedge fund
losses linked to mortgage defaults will spread.
Read more at Bloomberg Bonds News
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