Monday, June 25, 2007

TREASURIES-Bond prices push higher, subprime woes linger

(Reuters) - "It's a continuation of the bid from last week. Equities
are a little bit softer. Traders will continue to assess recent
market activity where credit concerns have manifest in sharply
wider spreads, a flight to quality into Treasuries," said Kim
Rupert, head of global fixed income research at Action
Economics in San Francisco.




The benchmark 10-year Treasury note rose 5/32
in price for a yield of 5.12 percent, versus 5.14 percent late
on Friday.


Read more at Reuters.com Bonds News

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