Tuesday, June 26, 2007

WRAPUP 3-Bear Stearns not planning to bail out second fund

(Reuters) - NEW YORK, June 26 - Bear Stearns Cos. Inc.
does not plan to bail out the second of two struggling
hedge funds -- citing stabilizing markets -- but the subprime
loan woes that brought down the funds still worry investors.




Stocks fell and Treasuries edged higher late on Tuesday on
concern problems stemming from defaults by less-credit-worthy
mortgage holders could reverberate through the markets.


Read more at Reuters.com Bonds News

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