(Reuters) - A sharp fall in new home sales and an unexpected slide in
business investment data spurred an already strong Treasury
market, overshadowing figures that showed overall durable goods
orders rose in June. For details see [ID:nN26366824].
Stocks and credit markets sank on deepening concerns that a
global credit crunch was developing as firms encountered
difficulty in financing buyout activity, benefiting safe-haven
government bonds.
Read more at Reuters.com Bonds News
business investment data spurred an already strong Treasury
market, overshadowing figures that showed overall durable goods
orders rose in June. For details see [ID:nN26366824].
Stocks and credit markets sank on deepening concerns that a
global credit crunch was developing as firms encountered
difficulty in financing buyout activity, benefiting safe-haven
government bonds.
Read more at Reuters.com Bonds News
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