(Reuters) - The fall in equities on credit concerns, sparked by news
that Chrysler Corp. had postponed a $12 billion auto loan deal,
could see bonds attract a flight-to-quality bid, strategists
said.
"It came slightly cheaper than expectations.
Nothing substantial at all. There's some short-term weakness at
the front of the curve over the next 24 hours because we have
5-years on sale later this week," said Adam Brown, head U.S.
Treasury trading Barclays Capital in New York.
Read more at Reuters.com Bonds News
that Chrysler Corp. had postponed a $12 billion auto loan deal,
could see bonds attract a flight-to-quality bid, strategists
said.
"It came slightly cheaper than expectations.
Nothing substantial at all. There's some short-term weakness at
the front of the curve over the next 24 hours because we have
5-years on sale later this week," said Adam Brown, head U.S.
Treasury trading Barclays Capital in New York.
Read more at Reuters.com Bonds News
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