Daily Investment Market News from London
Thursday 07th of August 2008
July 26, 2007

Yields fall on US Treasury bonds


by Elaine Frei

Yields fall on US Treasury bonds

Yields on US Treasury bonds were lower and prices rose as investors exited risky investments as global equities markets declined sharply.

Besides the drop in equities, investors were also concerned by new data showing new home sales in the US down steeply in June.

Two-year Treasury bond yields dropped from 4.74 percent late Wednesday to 4.55 percent on the day.

Ten-year issues were yielding 4.78 percent, their lowest since mid-May and down from Wednesday’s late quote of 4.9 percent, while thirty-year paper yielded 4.96 percent.

A sale of $13 billion in five-year Treasuries, with a yield of 4.64 percent, only brought lukewarm interest.

Story link: Yields fall on US Treasury bonds



Add to Bookmarks:

ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL

Related Stories:

Two-year US Treasury yields fall ...

Yields fall on 2 and 5-year Treasury bonds ...

Two-year US Treasury bond yields drop below 5 percent ...

US government considers new treasury bonds ...

Longer-dated Treasury bonds see yields dip slightly ...


Previous: « Europe, Asia mostly lower on session
Next: Metals prices down on data »

Visited 357 times, 1 so far today