(Bloomberg) -- Treasuries rose, pushing the 10-year
note yield below 5 percent for the first time in more than three
weeks, on speculation over weakness in the subprime mortgage
market and concern over potential terror threats.
U.S. government debt last month outperformed mortgage-
backed bonds guaranteed by government-sponsored lenders by the
most since July 2003, according to a Lehman Brothers Holdings
Inc. index. A National Association of Realtors report tomorrow
is forecast by economists to show pending sales of existing
homes edged up in May from the lowest since February 2003.
Read more at Bloomberg Bonds News
note yield below 5 percent for the first time in more than three
weeks, on speculation over weakness in the subprime mortgage
market and concern over potential terror threats.
U.S. government debt last month outperformed mortgage-
backed bonds guaranteed by government-sponsored lenders by the
most since July 2003, according to a Lehman Brothers Holdings
Inc. index. A National Association of Realtors report tomorrow
is forecast by economists to show pending sales of existing
homes edged up in May from the lowest since February 2003.
Read more at Bloomberg Bonds News
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