Friday, July 27, 2007

Stocks plummet on credit fears, bonds rally

(Reuters) - Worries over a possible credit crunch overwhelmed data from the government showing second-quarter U.S. growth that was the strongest in over a year.




In a scramble for safety, investors put money into the safe haven of U.S. government bonds, sending prices higher and briefly pushing benchmark Treasury yields to two-month lows.


Read more at Reuters.com Bonds News

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