(Bloomberg) -- Taiwan's government bonds rose,
ending two days of losses, as a slide in local stocks spurred
demand for fixed-income securities. The currency fell.
The benchmark Taiex index joined declines in stock
benchmarks around the region as losses related to U.S. subprime
mortgages increased, adding to concern the world's biggest
economy will slow. Overseas investors sold more of the island's
equities than they bought for the past three days, according to
the stock exchange.
Read more at Bloomberg Bonds News
ending two days of losses, as a slide in local stocks spurred
demand for fixed-income securities. The currency fell.
The benchmark Taiex index joined declines in stock
benchmarks around the region as losses related to U.S. subprime
mortgages increased, adding to concern the world's biggest
economy will slow. Overseas investors sold more of the island's
equities than they bought for the past three days, according to
the stock exchange.
Read more at Bloomberg Bonds News
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