Friday, 22 June 2007

TREASURIES-Bonds move to session highs as stocks tumble

(Reuters) - NEW YORK, June 22 - U.S. Treasury debt prices
rose on Friday, halting a two-day decline, as buying interest
emerged on stock losses tied to fears over the subprime
mortgage problems rippling across all financial markets.




This week, problems at two hedge funds managed by Bear
Stearns renewed worries about the spillover effect from
ongoing subprime woes.


Read more at Reuters.com Bonds News

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