(Bloomberg) -- Treasuries were little changed after
the 10-year note yield touched the lowest in three weeks on
speculation over weakness in the subprime mortgage market and
concern over potential terror threats.
``It's a combination of the fear the housing sector will
continue to be a drag on the economy and a flight to quality
from global tensions,'' Gary Pollack, who helps oversee $12
billion as head of fixed-income trading in New York at Deutsche
Bank AG's Private Wealth Management unit.
Read more at Bloomberg Bonds News
the 10-year note yield touched the lowest in three weeks on
speculation over weakness in the subprime mortgage market and
concern over potential terror threats.
``It's a combination of the fear the housing sector will
continue to be a drag on the economy and a flight to quality
from global tensions,'' Gary Pollack, who helps oversee $12
billion as head of fixed-income trading in New York at Deutsche
Bank AG's Private Wealth Management unit.
Read more at Bloomberg Bonds News
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