(Reuters) - NEW YORK, April 23 - U.S. Treasury debt prices rose in light, choppy trading on Monday, with some safe-haven buying as investors focused on the subprime mortgage crisis ahead of housing data later this week.
With little in the way of significant economic data on Monday, traders cited a report from Moody's Investors Service that losses from risky subprime loans may go beyond original forecasts. That added fuel to the idea that problems in the subprime arena may spill over to hit broader economic growth.
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