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Tuesday, July 3, 2007

Treasury 10-Year Notes Fall Most in 3 Weeks as Risk Stabilizes

Yields managed to hold the 5.00% level and are now pushing higher...
The safe haven bid unleashed by Bear Stearns' subprime problems seems to have run its course.

" Treasury 10-year notes declined the most in three weeks as a drop in a measure of the perceived risk of owning U.S. corporate bonds reduced demand for the safety of government debt. "

Source: Treasury 10-Year Notes Fall Most in 3 Weeks as Risk Stabilizes (http://www.bloomberg.com/apps/news?pid=20601009&sid=a7OeaTjtpZs4&refer=bond)