(Bloomberg) -- Treasuries fell for the first time
in four days on speculation corporations planning to issue debt
will sell U.S. government notes in advance to hedge against the
possibility of higher borrowing costs.
The companies, including Home Depot Inc., which has
announced plans to borrow $12 billion to buy back shares, may be
establishing so-called interest rate hedges, traders said.
Charts used to determine an asset's direction also show
benchmark 10-year note yields may rise after falling over the
past week from the highest since 2002.
Read more at Bloomberg Bonds News
in four days on speculation corporations planning to issue debt
will sell U.S. government notes in advance to hedge against the
possibility of higher borrowing costs.
The companies, including Home Depot Inc., which has
announced plans to borrow $12 billion to buy back shares, may be
establishing so-called interest rate hedges, traders said.
Charts used to determine an asset's direction also show
benchmark 10-year note yields may rise after falling over the
past week from the highest since 2002.
Read more at Bloomberg Bonds News
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