Treasuries Heading for Biggest Weekly Gain in Five Months as Stocks Slump

(Bloomberg) -- U.S. 10-year Treasuries headed for
their biggest weekly gain in almost five months as investors sold
stocks and corporate bonds and sought the relative safety of
government debt.

Benchmark securities headed for a third weekly advance as
Asian stock markets slid today, extending a rout in global
equities on speculation a worsening U.S. housing slump will slow
growth in the world's biggest economy. New home sales fell more
than expected in June, the Commerce Department said yesterday.


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Treasuries Advance on Hedge Fund Concern, Before U.S. Economic Reports

(Bloomberg) -- U.S. 10-year Treasuries gained for a
third day on concern hedge fund losses tied to subprime mortgages
will become more widespread and stoke demand for government debt.

Benchmark debt advanced, sending 10-year yields to the
lowest in a week, as investors shifting out of riskier assets
pushed equity indexes down across Europe. Government securities
may also be buoyed before reports forecast to show consumer
confidence fell to a 10-month low in June and new home sales also
declined.


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Treasuries Set to Halt Six-Week Losing Streak as German Confidence Weakens

(Bloomberg) -- U.S. 10-year Treasuries were poised
to end a six-week losing streak after Germany's Ifo institute
reported an unexpectedly steep decline in business confidence,
prompting speculation economic growth in Europe will plateau.

Treasuries have rebounded following a slump since early May
that pushed benchmark yields to a five-year high on signs of
faster global economic growth. Investors sought the safety of
shorter maturities this week, prompting the gap between yields
on two-year notes and 10-year debt to widen. European bonds rose
today after the German confidence figures pushed stocks lower.


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