(Bloomberg) -- Treasuries advanced for the first
time in four days on speculation higher rates and subprime
mortgage losses may slow U.S. economic growth.
Benchmark yields increased last week the most in more than
a year on reports for June showing the economy added more jobs
than economists forecast and services industries unexpectedly
grew at the fastest pace in 14 months. A reluctance to lend as
credit risk rises may slow economic growth, buoying U.S.
government debt.
Read more at Bloomberg Bonds News
time in four days on speculation higher rates and subprime
mortgage losses may slow U.S. economic growth.
Benchmark yields increased last week the most in more than
a year on reports for June showing the economy added more jobs
than economists forecast and services industries unexpectedly
grew at the fastest pace in 14 months. A reluctance to lend as
credit risk rises may slow economic growth, buoying U.S.
government debt.
Read more at Bloomberg Bonds News
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