(Bloomberg) -- Treasuries fell for the first time
in four days on speculation corporations planning to issue debt
will sell U.S. government notes in advance.
The companies will establish so-called interest rate hedges
by selling Treasuries to protect against increased borrowing
costs stemming from higher yields. Traders who use charts to
determine an asset price's direction say benchmark 10-year note
yields may be due for a rebound after falling over the past week
from the highest since 2002.
Read more at Bloomberg Bonds News
in four days on speculation corporations planning to issue debt
will sell U.S. government notes in advance.
The companies will establish so-called interest rate hedges
by selling Treasuries to protect against increased borrowing
costs stemming from higher yields. Traders who use charts to
determine an asset price's direction say benchmark 10-year note
yields may be due for a rebound after falling over the past week
from the highest since 2002.
Read more at Bloomberg Bonds News
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