(Reuters) - NEW YORK, June 14 - U.S. government bond prices
slipped in volatile trade on Thursday on mortgage-related
selling, extending a rout that hoisted benchmark 10-year
Treasury note yields to a five year peak.
Treasuries gave up the gains that resulted from Asian
buying and benign comments on inflation by Chicago Federal
Reserve President Michael Moskow as bids were awarded for the
$4 billion sale of mortgage bonds by a Bear Stearns
hedge fund, analysts said.
Read more at Reuters.com Bonds News
slipped in volatile trade on Thursday on mortgage-related
selling, extending a rout that hoisted benchmark 10-year
Treasury note yields to a five year peak.
Treasuries gave up the gains that resulted from Asian
buying and benign comments on inflation by Chicago Federal
Reserve President Michael Moskow as bids were awarded for the
$4 billion sale of mortgage bonds by a Bear Stearns
hedge fund, analysts said.
Read more at Reuters.com Bonds News
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