(Reuters) - The drive to Treasuries was fed by mounting concern over
subprime mortgage debt and the deteriorating housing market
that could also hurt U.S stocks, analysts and trader said.
Earnings warnings from retailers and home builders and also
credit rating agency Standard & Poor's statement that it may
cut ratings of some subprime loans and is reviewing its ratings
of collateralized debt obligations were all factors hurting
equities and nongovernment bonds.
Read more at Reuters.com Bonds News
subprime mortgage debt and the deteriorating housing market
that could also hurt U.S stocks, analysts and trader said.
Earnings warnings from retailers and home builders and also
credit rating agency Standard & Poor's statement that it may
cut ratings of some subprime loans and is reviewing its ratings
of collateralized debt obligations were all factors hurting
equities and nongovernment bonds.
Read more at Reuters.com Bonds News
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