Friday, July 27, 2007

Treasuries Gain as Housing Slump Prompts Investors to Flee Riskier Assets

(Bloomberg) -- Treasuries rose, adding to the
biggest weekly gain in more than two years, as concern the slump
in U.S. housing is prompting investors to flee riskier assets.

Benchmark 10-year notes increased for a fourth day as the
risk of owning corporate bonds soared to a record.


Read more at Bloomberg Bonds News

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