Thursday, July 26, 2007

GLOBAL MARKETS-Credit woes sweep financial markets

(Reuters) - NEW YORK, July 26 - U.S. stocks opened down more
than 1 percent on deepening concerns about instability in world
credit markets, while U.S. Treasuries rallied sharply as
investors sought a safe haven in government bonds.




Risky currency trades also came under pressure as the
Japanese yen rose across the board.


Read more at Reuters.com Bonds News

No comments: