(Reuters) - Treasuries rallied on Friday after investors became
increasingly nervous that subprime mortgage losses would spread
to other markets and eventually shave economic growth.
Still, expectations remained that the Bank of Japan will
raise interest rates to a 12-year high of 0.75 percent from the
current 0.5 percent, and this was likely to limit further gains
in JGBs.
Read more at Reuters.com Bonds News
increasingly nervous that subprime mortgage losses would spread
to other markets and eventually shave economic growth.
Still, expectations remained that the Bank of Japan will
raise interest rates to a 12-year high of 0.75 percent from the
current 0.5 percent, and this was likely to limit further gains
in JGBs.
Read more at Reuters.com Bonds News
No comments:
Post a Comment