(Bloomberg) -- Treasuries posted a weekly gain as
the subprime mortgage crisis sent investors to the safety of
U.S. government debt and raised concern that housing weakness
will slow economic growth.
Benchmark 10-year note yields dropped more than 8 basis
points for the week. Treasuries strengthened today as a Commerce
Department report showed U.S. retail sales fell last month by
the most in almost two years.
Read more at Bloomberg Bonds News
the subprime mortgage crisis sent investors to the safety of
U.S. government debt and raised concern that housing weakness
will slow economic growth.
Benchmark 10-year note yields dropped more than 8 basis
points for the week. Treasuries strengthened today as a Commerce
Department report showed U.S. retail sales fell last month by
the most in almost two years.
Read more at Bloomberg Bonds News
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