(Bloomberg) -- Treasuries rose on speculation
weakness in the subprime mortgage market may curb U.S. economic
growth and on concern over potential terror threats before the
Fourth of July holiday.
``It's a combination of the fear the housing sector will
continue to be a drag on the economy and a flight to quality
from global tensions,'' Gary Pollack, who helps oversee $12
billion as head of fixed-income trading in New York at Deutsche
Bank AG's Private Wealth Management unit.
Read more at Bloomberg Bonds News
weakness in the subprime mortgage market may curb U.S. economic
growth and on concern over potential terror threats before the
Fourth of July holiday.
``It's a combination of the fear the housing sector will
continue to be a drag on the economy and a flight to quality
from global tensions,'' Gary Pollack, who helps oversee $12
billion as head of fixed-income trading in New York at Deutsche
Bank AG's Private Wealth Management unit.
Read more at Bloomberg Bonds News
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