Monday, June 25, 2007

GLOBAL MARKETS-Interest rate and credit worries rattle stocks

(Reuters) - European and Asian stocks were lower, tracking Friday's
losses on Wall Street, after a warning from the Bank for
International Settlements about the need for higher interest
rates and continuing concerns about troubled U.S. hedge funds.




Demand for safe-haven government bonds was higher and the
Japanese yen stuck near 4-1/2 year lows against the dollar.


Read more at Reuters.com Bonds News

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