(Bloomberg) -- Treasuries were poised for a weekly
gain as the subprime mortgage crisis sent investors to the
safety of U.S. government debt and raised concern that housing
weakness will slow economic growth.
Benchmark 10-year note yields have fallen almost 7 basis
points so far this week. Treasuries strengthened today as a
Commerce Department report showed U.S. retail sales fell last
month by the most in almost two years.
Read more at Bloomberg Bonds News
gain as the subprime mortgage crisis sent investors to the
safety of U.S. government debt and raised concern that housing
weakness will slow economic growth.
Benchmark 10-year note yields have fallen almost 7 basis
points so far this week. Treasuries strengthened today as a
Commerce Department report showed U.S. retail sales fell last
month by the most in almost two years.
Read more at Bloomberg Bonds News
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