Monday, July 23, 2007

European Bonds Little Changed, Benchmark 10-Year Yield Near Seven-Week Low

(Bloomberg) -- European bonds were little changed,
with 10-year yields near a seven-week low, after stocks fell in
the U.S. and Asia underpinned demand for the safest assets.

The yield on the benchmark 10-year bund fell to the lowest
since June last week on concern defaults on U.S. subprime
mortgages will spread to the wider economy.


Read more at Bloomberg Bonds News

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