(Reuters) - Standard & Poor's fanned these fears, saying it might cut its
ratings on $12.1 billion of subprime mortgage-related debt on
expectations of an 8 percent drop in U.S. home prices and more
mortgage defaults, rattling financial markets.
Traders also said that after five sessions of selling, yield
levels appear to be attracting investors to buy.
Read more at Reuters.com Bonds News
ratings on $12.1 billion of subprime mortgage-related debt on
expectations of an 8 percent drop in U.S. home prices and more
mortgage defaults, rattling financial markets.
Traders also said that after five sessions of selling, yield
levels appear to be attracting investors to buy.
Read more at Reuters.com Bonds News
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