Treasuries Little Changed With Yields Near Lowest in Almost Eight Weeks

(Bloomberg) -- U.S. Treasuries were little changed
as concerns about credit-market risk held yields near the lowest
in almost eight weeks.

Interest-rate swap spreads held at a five-year high as
Kohlberg Kravis Roberts & Co.'s banks were unable to attract
demand for about $10 billion of loans to fund the leveraged
buyout of Alliance Boots Plc amid waning demand for risky
credits. Moody's Investors Service called the credit slump a
``reality check'' in a report today.


Read more at Bloomberg Bonds News