Wednesday, July 4, 2007

U.S. Treasuries Fall After European Bonds Decline on Interest-Rate Concern

(Bloomberg) -- U.S. 10-year Treasury notes fell
after Europe's government bonds slid for a second day yesterday
on speculation the European Central Bank will keep increasing
interest rates from a six-year high.

Notes also dropped after stocks gained in Europe and Asia
yesterday, reducing demand for the relative safety of government
debt. The U.K. government lowered its assessment of the National
Threat Level to ``severe'' from ``critical,'' which was the top
level set following two attempted car bombings last week.


Read more at Bloomberg Bonds News

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