(Bloomberg) -- Treasuries rose as the subprime
mortgage crisis sent investors to the safety of U.S. government
debt and raised concern that housing weakness will slow the
world's largest economy.
Benchmark 10-year note yields dropped this week after
Standard & Poor's and Moody's Investors Service warned about the
credit quality of subprime mortgages. Federal Reserve Chairman
Ben S. Bernanke may comment on housing during congressional
testimony next week.
Read more at Bloomberg Bonds News
mortgage crisis sent investors to the safety of U.S. government
debt and raised concern that housing weakness will slow the
world's largest economy.
Benchmark 10-year note yields dropped this week after
Standard & Poor's and Moody's Investors Service warned about the
credit quality of subprime mortgages. Federal Reserve Chairman
Ben S. Bernanke may comment on housing during congressional
testimony next week.
Read more at Bloomberg Bonds News
No comments:
Post a Comment