Thursday, 21 June 2007

Treasury Two-Year Notes Little Changed Amid Concern Over Bear Hedge Funds

(Bloomberg) -- Treasury two-year notes were little
changed amid concern losses at hedge funds run by Bear Stearns
Cos. may widen.

The difference in yields between two-year notes, which
typically gain more in times of turmoil, and those of 10-year
notes reached the widest in more than a year. The perceived risk
of owning U.S. corporate bonds touched a nine-month high.


Read more at Bloomberg Bonds News

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