(Bloomberg) -- Israel's benchmark Shahar bonds rose
as the stock market rallied and yields near their highest in 10
months attracted buyers.
Investors returned to the Shahar after concern that U.S.
subprime losses are spreading to the wider economy yesterday
pushed 10-year yields up 14 basis points, their biggest advance
in five days. Israel's main stock index snapped three days of
losses and the spread between the Shahar and the equivalent
Treasury narrowed, after doubling in the past two weeks.
Read more at Bloomberg Bonds News
as the stock market rallied and yields near their highest in 10
months attracted buyers.
Investors returned to the Shahar after concern that U.S.
subprime losses are spreading to the wider economy yesterday
pushed 10-year yields up 14 basis points, their biggest advance
in five days. Israel's main stock index snapped three days of
losses and the spread between the Shahar and the equivalent
Treasury narrowed, after doubling in the past two weeks.
Read more at Bloomberg Bonds News
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