(Reuters) - NEW YORK, June 22 - U.S. Treasury debt prices
rose on Friday, halting a two-day decline, as jittery investors
bailed out of stocks and moved into bonds amid fears over the
subprime mortgage problems rippling across financial markets.
Investors were also turning cautious head of Federal
Reserve policy meeting next week. Wall Street widely expects
the Fed to leave the key federal funds rate unchanged at 5.25
percent, but signs of reviving economic growth are expected to
keep inflation the predominant issue for policy-makers.
Read more at Reuters.com Bonds News
rose on Friday, halting a two-day decline, as jittery investors
bailed out of stocks and moved into bonds amid fears over the
subprime mortgage problems rippling across financial markets.
Investors were also turning cautious head of Federal
Reserve policy meeting next week. Wall Street widely expects
the Fed to leave the key federal funds rate unchanged at 5.25
percent, but signs of reviving economic growth are expected to
keep inflation the predominant issue for policy-makers.
Read more at Reuters.com Bonds News
No comments:
Post a Comment