Thursday, June 21, 2007

TREASURIES-Hold steady in Asia after fall in US

(Reuters) - At the same time, shorter-dated bonds were supported by
demand from investors seeking safe-haven assets amid growing
problems in the subprime mortgage market that were highlighted
recently by huge losses logged at two hedge funds managed by Bear
Stearns .




Traders said players were likely to stick to the sidelines,
keeping current benchmark yield levels ahead of a policy meeting
of the Federal Reserve next week.


Read more at Reuters.com Bonds News

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