(Bloomberg) -- U.S. 10-year notes fell, headed for
their seventh weekly decline, as reports showed economic growth
picked up in the second quarter.
Yields, which move inversely to prices, climbed more than
half a percentage point since May 4 as traders gave up bets for
the Federal Reserve to cut interest rates this year. Two-year
notes were poised to have a weekly gain after investors sought
the relative safety of shorter-maturity notes on concern losses
at hedge funds run by Bear Stearns Cos. will increase.
Read more at Bloomberg Bonds News
their seventh weekly decline, as reports showed economic growth
picked up in the second quarter.
Yields, which move inversely to prices, climbed more than
half a percentage point since May 4 as traders gave up bets for
the Federal Reserve to cut interest rates this year. Two-year
notes were poised to have a weekly gain after investors sought
the relative safety of shorter-maturity notes on concern losses
at hedge funds run by Bear Stearns Cos. will increase.
Read more at Bloomberg Bonds News
1 comment:
Hi! No idea what u r talking about. I wish they had taught this stuff at school instead of useless, boring algebra, etc.!
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