(Reuters) - NEW YORK, July 26 - U.S. Treasuries rallied on
Thursday, pushing benchmark yields to two-month lows, as weak
economic data and fears of a global credit crunch sent
investors scurrying out of stocks and other risky assets.
A sharp fall in new-home sales and an unexpected slide in
business investment data spurred an already strong Treasury
market, as overall durable goods orders rose less than expected
in June. For details see [ID:nN26366824].
Read more at Reuters.com Bonds News
Thursday, pushing benchmark yields to two-month lows, as weak
economic data and fears of a global credit crunch sent
investors scurrying out of stocks and other risky assets.
A sharp fall in new-home sales and an unexpected slide in
business investment data spurred an already strong Treasury
market, as overall durable goods orders rose less than expected
in June. For details see [ID:nN26366824].
Read more at Reuters.com Bonds News
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