Wednesday, June 20, 2007

TREASURIES-Prices fall on spillover from euro bond weakness

(Reuters) - NEW YORK, June 20 - Treasury debt prices fell on Wednesday,
ending a three-day rally as weakness in the European government bond market
spilled into its U.S. counterpart.




Benchmark yields rose by their most in a week as concerns about rising
global interest rates appeared to overshadow a flight-to-safety bid earlier
this week spawned by ongoing worries over the Bear Stearns hedge funds
episode.


Read more at Reuters.com Bonds News

No comments: