Sunday, July 1, 2007

Treasuries Fall as U.K., U.S. Increase Security After Failed Bomb Attacks

(Bloomberg) -- Treasuries fell as the U.S. and the
U.K. tightened security following two attempted car bombings in
London and an attack on Glasgow airport, reducing demand for the
relative safety of government debt.

Ten-year yields fell to a three-week low last week when the
threats cut the attraction of riskier securities. U.K. police
arrested five people and searched houses, while adding officers
to patrols in crowded areas. The U.S. increased the number of
air marshals on overseas flights.


Read more at Bloomberg Bonds News

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