Monday, June 11, 2007

Yields gain, market remains wary of further sell-off

(Reuters) - Investors in Asia such as Japanese banks took the gains as an opportunity to sell to get out of positions and limit losses as the sell-offs over the past week had been very sharp.




Ten-year T-Note yields raced up nearly 30 basis points during the past week, with the 10-year T-Note scaling 5.25 percent on Friday -- on a par with the Federal funds rate.


Read more at Reuters.com Hot Stocks News

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