(Bloomberg) -- Treasuries were little changed as
stocks indexes extended records, suggesting concern over the
subprime mortgage crisis has eased.
U.S. notes pared earlier gains after a private report
showed confidence among U.S. consumers unexpectedly rose from a
10-month low. Lehman Brothers Holdings Inc., the biggest
underwriter of mortgage bonds, said the worst of the global
credit market rout caused by subprime defaults is over and
investors should buy European investment-grade debt.
Read more at Bloomberg Bonds News
stocks indexes extended records, suggesting concern over the
subprime mortgage crisis has eased.
U.S. notes pared earlier gains after a private report
showed confidence among U.S. consumers unexpectedly rose from a
10-month low. Lehman Brothers Holdings Inc., the biggest
underwriter of mortgage bonds, said the worst of the global
credit market rout caused by subprime defaults is over and
investors should buy European investment-grade debt.
Read more at Bloomberg Bonds News
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