(Reuters) - The news sparked selling in non-government bonds, stocks and
the dollar, which prompted investors to flock to the safety of
government debt and pushed benchmark Treasury yields more than 10
basis points lower on Tuesday.
Additional gains in Asia were slight, however, as regional
investors sat tight to see if the subprime woes would deepen down
the line, which would likely trigger more gains in the Treasury
market.
"It's pretty subdued," said Adam Mackillop, head of U.S.
rates trading in Asia at Barclays Capital.
Read more at Reuters.com Bonds News
the dollar, which prompted investors to flock to the safety of
government debt and pushed benchmark Treasury yields more than 10
basis points lower on Tuesday.
Additional gains in Asia were slight, however, as regional
investors sat tight to see if the subprime woes would deepen down
the line, which would likely trigger more gains in the Treasury
market.
"It's pretty subdued," said Adam Mackillop, head of U.S.
rates trading in Asia at Barclays Capital.
Read more at Reuters.com Bonds News
No comments:
Post a Comment