(Bloomberg) -- Treasuries rose on speculation
slowing economic growth and losses related to subprime mortgages
will prompt the Federal Reserve to cut interest rates this year.
Ten-year notes extended their gains into a fifth week after
reports showed employers added fewer jobs than expected last
month and bond investors are becoming less bearish. Treasuries
are on track to return 5.3 percent this year, the most since
2002, according to a Merrill Lynch & Co. index.
Read more at Bloomberg Bonds News
slowing economic growth and losses related to subprime mortgages
will prompt the Federal Reserve to cut interest rates this year.
Ten-year notes extended their gains into a fifth week after
reports showed employers added fewer jobs than expected last
month and bond investors are becoming less bearish. Treasuries
are on track to return 5.3 percent this year, the most since
2002, according to a Merrill Lynch & Co. index.
Read more at Bloomberg Bonds News
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