(Bloomberg) -- Treasuries fell for a second
straight day as stocks rallied to record highs, suggesting
investors are becoming less averse to risky assets.
Expectations for higher corporate profits and takeover
speculation eased concern the housing slump will curb economic
growth. Treasuries advanced the most in more than four months on
July 10 as Standard & Poor's and Moody's Investors Service
warned about the credit quality of subprime mortgages.
Read more at Bloomberg Bonds News
straight day as stocks rallied to record highs, suggesting
investors are becoming less averse to risky assets.
Expectations for higher corporate profits and takeover
speculation eased concern the housing slump will curb economic
growth. Treasuries advanced the most in more than four months on
July 10 as Standard & Poor's and Moody's Investors Service
warned about the credit quality of subprime mortgages.
Read more at Bloomberg Bonds News
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