(Bloomberg) -- Treasuries rose as evidence of
losses among providers of riskier mortgages encouraged investors
to seek the safety of U.S. government debt.
Ten-year note yields fell to near the lowest in two months
as American Home Mortgage Investment Corp., a lender whose stock
stopped trading after it disclosed a cash shortage, said it may
have to liquidate assets. Standard & Poor's may downgrade an
additional $1 billion of collateralized debt obligations.
Read more at Bloomberg Bonds News
losses among providers of riskier mortgages encouraged investors
to seek the safety of U.S. government debt.
Ten-year note yields fell to near the lowest in two months
as American Home Mortgage Investment Corp., a lender whose stock
stopped trading after it disclosed a cash shortage, said it may
have to liquidate assets. Standard & Poor's may downgrade an
additional $1 billion of collateralized debt obligations.
Read more at Bloomberg Bonds News
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