Monday, July 23, 2007

TREASURIES-Bonds little changed after rally last week

(Reuters) - Financial market losses related to subprime, the mortgage
sector that targets borrowers with poor credit, have led to a
flight to quality by investors into Treasuries and away from
riskier assets.




This has pushed yields into a lower trading band, though
dealers say the market needs fresh news to extend the rally
since bonds appear expensive.


Read more at Reuters.com Bonds News

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