(Bloomberg) -- Treasuries are headed for the
biggest weekly advance since September as the slump in U.S.
housing drives investors from riskier assets.
Investors seeking the safety of government debt this week
pushed yields on two-year notes, most sensitive to changing
monetary policy, 73 basis points lower than the Federal
Reserve's target rate. The risk of owning corporate bonds soared
to a record on concern that banks and hedge funds face widening
losses on subprime mortgages and leveraged buyouts.
Read more at Bloomberg Bonds News
biggest weekly advance since September as the slump in U.S.
housing drives investors from riskier assets.
Investors seeking the safety of government debt this week
pushed yields on two-year notes, most sensitive to changing
monetary policy, 73 basis points lower than the Federal
Reserve's target rate. The risk of owning corporate bonds soared
to a record on concern that banks and hedge funds face widening
losses on subprime mortgages and leveraged buyouts.
Read more at Bloomberg Bonds News
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