(Reuters) - NEW YORK, July 16 - Long-dated U.S. Treasury debt
prices drifted higher on Monday as fears surrounding the
mortgage sector supported bonds despite an unexpected surge in
New York state manufacturing.
Treasuries held their ground even after the New York Fed's
surprisingly robust July survey, a testament to the subprime
premium that has effectively been built into the bond market.
Read more at Reuters.com Bonds News
prices drifted higher on Monday as fears surrounding the
mortgage sector supported bonds despite an unexpected surge in
New York state manufacturing.
Treasuries held their ground even after the New York Fed's
surprisingly robust July survey, a testament to the subprime
premium that has effectively been built into the bond market.
Read more at Reuters.com Bonds News
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