(Reuters) - NEW YORK, July 9 - U.S. Treasury debt prices rose
on Monday as bargain-hunting investors snapped up benchmark
bonds following their worst week of losses in more than a
year.
The gains were limited by the series of robust economic
reports that culminated in Friday's strong jobs report, all of
which caused last week's steep drop in bonds. But the rise in
10-year yields on Friday to two-week highs near 5.20 percent
provided an attractive buying opportunity.
Read more at Reuters.com Bonds News
on Monday as bargain-hunting investors snapped up benchmark
bonds following their worst week of losses in more than a
year.
The gains were limited by the series of robust economic
reports that culminated in Friday's strong jobs report, all of
which caused last week's steep drop in bonds. But the rise in
10-year yields on Friday to two-week highs near 5.20 percent
provided an attractive buying opportunity.
Read more at Reuters.com Bonds News
No comments:
Post a Comment