(Bloomberg) -- Yields on benchmark 10-year U.S.
Treasury notes touched a five-year high on concern faster global
economic growth will hurt demand for fixed-rate investments.
Ten-year note yields, which determine interest rates on
mortgages and corporate bonds, touched 5.25 percent yesterday,
matching the highest since May 2002. Short-maturity yields
climbed less as the consensus forecast for Federal Reserve
policy this year shifted from an interest-rate cut to no change.
Read more at Bloomberg Bonds News
Treasury notes touched a five-year high on concern faster global
economic growth will hurt demand for fixed-rate investments.
Ten-year note yields, which determine interest rates on
mortgages and corporate bonds, touched 5.25 percent yesterday,
matching the highest since May 2002. Short-maturity yields
climbed less as the consensus forecast for Federal Reserve
policy this year shifted from an interest-rate cut to no change.
Read more at Bloomberg Bonds News
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