(Reuters) - NEW YORK, June 18 - U.S. government debt prices
edged up on Monday after signs of further deterioration in the
housing market underscored weakness in a key area of the U.S.
economy.
With benchmark yields well off last week's five-year highs
above 5.30 percent, a move stoked by investors' worries about
global economic growth and central banks' raising interest
rates, higher yields have attracted more buyers, helping
Treasuries find a foothold, analysts said.
Read more at Reuters.com Bonds News
edged up on Monday after signs of further deterioration in the
housing market underscored weakness in a key area of the U.S.
economy.
With benchmark yields well off last week's five-year highs
above 5.30 percent, a move stoked by investors' worries about
global economic growth and central banks' raising interest
rates, higher yields have attracted more buyers, helping
Treasuries find a foothold, analysts said.
Read more at Reuters.com Bonds News
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